The Latest Breaking News from EIA

June WTI crude oil (CLM24 ) on Friday closed up +0.83 (+1.05%), and June RBOB gasoline (RBM24 ) closed up +3.64 (+1.43%). Crude oil and gasoline posted moderate gains on Friday, with crude climbing to a 2-week high and gasoline climbing to a 1-week high. Crude prices gained Friday on...

June Nymex natural gas (NGM24 ) on Friday closed up +0.131 (+5.25%). June nat-gas prices on Friday extended this week's rally to a new 3-3/4 month nearest-futures high. Nat-gas prices rallied Friday on carryover support from Thursday when the EIA reported that weekly nat-gas inventories rose less than expected. That...

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.072 (+3.07%). June nat-gas prices on Wednesday rallied to a 3-3/4 month nearest-futures high on expectations that warm US temperatures will boost nat-gas demand from electricity providers to power air-conditioning usage. NatGasWeather said the northern two-thirds of the US will...

June WTI crude oil (CLM24 ) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24 ) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows and finished moderately higher. Crude prices initially moved lower after the IEA cut its 2024 global crude...

EIA report shows US crude oil and fuel inventories decline due to increased refining and demand, signaling a positive trend in the energy market.

June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude today initially moved lower after the IEA cut its 2024 global crude demand forecast....

June WTI crude oil (CLM24 ) on Tuesday closed down -1.10 (-1.39%), and June RBOB gasoline (RBM24 ) closed down -5.09 (-2.03%). Crude oil and gasoline prices closed moderately lower Tuesday, with gasoline falling to a 2-1/2 month low. Crude prices are under pressure on concern several OPEC+ members may...

June WTI crude oil (CLM24 ) on Thursday closed up +0.27 (+0.34%), and June RBOB gasoline (RBM24 ) closed up +1.00 (+0.39%). Crude oil and gasoline prices Thursday posted modest gains. A weaker dollar (DXY00 ) Thursday was bullish for energy prices. Also, better-than-expected Chinese trade news shows strength in...

June Nymex natural gas (NGM24 ) on Thursday closed up by +0.114 (+5.21%). June nat-gas prices on Thursday rallied sharply to a 3-1/2 month nearest-futures high. A smaller-than-expected build in weekly nat gas supplies pushed prices sharply higher. The EIA reported Thursday that nat-gas inventories for the week ended May...