The Latest Breaking News from EIA

January WTI crude oil (CLF24 ) on Wednesday closed down -2.94 (-4.07%), and Jan RBOB gasoline (RBF24 ) closed down -0.0801 (-3.80%). Crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-month low and gasoline tumbling to a 1-year low. Concern about excess global...

January Nymex natural gas (NGF24 ) on Wednesday closed down -0.141 (-5.20%). Nat-gas prices Wednesday sold off sharply and posted a 3-month low. Nat-gas prices fell on updated weather forecasts calling for above-average temperatures that would reduce heating demand for nat-gas. Forecaster Maxar Technologies said Wednesday that U.S. weather forecasts...

January WTI crude oil (CLF24 ) on Wednesday closed up +1.45 (+1.90%), and Jan RBOB gasoline (RBF24 ) closed up +0.0547 (+2.49%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 1-week high and gasoline climbing to a 2-week high. Crude has support on signs...

January Nymex natural gas (NGF24 ) on Wednesday closed down -0.033 (-1.16%). Nat-gas prices Wednesday posted moderate losses and have closed lower for four consecutive sessions. Forecasts for milder U.S. weather that curb heating demand for nat-gas are undercutting prices. Forecaster Atmospheric G2 said Wednesday that temperatures will be generally...

January WTI crude oil (CLF24 ) this morning is up +0.71 (+0.93%), and Jan RBOB gasoline (RBF24 ) is up +0.0105 (+0.48%). Crude oil and gasoline prices this morning are moderately higher. Crude has support on signs of U.S. economic strength after U.S. Q3 GDP expanded more than expected. Also,...

January WTI crude oil (CLF24 ) on Tuesday closed up +1.55 (+2.07%), and Jan RBOB gasoline (RBF24 ) closed up +0.0472 (+2.20%). Crude oil and gasoline prices Tuesday closed moderately higher. Tuesday's slump in the dollar index (DXY00 ) to a 3-1/2 month low was bullish for energy prices. Crude...

Thermal and photovoltaic solar installations outpaced all other energy sources for the 12th consecutive year by a considerable margin.

Unlocking Winter Profits: Discover the strategic advantages of selling natural gas in December. Explore the seasonal dynamics and data-driven insights that make this month the opportune time for maximizing returns in the natural gas market.

Intensified geopolitical tensions and uncertainties coupled with OPEC+ supply cuts are contributing to potential upward pressure on global oil prices. To leverage this situation, one could invest in sound energy stocks Baker Hughes (BKR), Koninklijke Vopak (VOPKY), and NGL Energy Partners (NGL) for solid returns. Read on….