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The Latest Breaking News from EIA

Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

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Nat-Gas Prices Jump on Tighter Supplies and Rollover to November Contract

November Nymex natural gas (NGX24 ) on Friday closed up by +0.149 (+5.41%). Nov nat-gas prices Friday surged to a 3-1/4 month high and settled sharply higher. Nat-gas prices rose on carryover support from Thursday when weekly EIA nat-gas inventories rose less than expected. Also, commodity fund buying supported nat-gas...

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Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX24 ) on Thursday closed down by -0.064 (-2.27%). Nov nat-gas prices Thursday gave up an early advance and turned lower on forecasts for seasonal US temperatures, which should reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said temperatures will...

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Crude Prices Tumble on Hopes for Resumption of Libyan Oil Exports

Nov WTI crude oil (CLX24 ) Wednesday closed down -1.87 (-2.61%), and Nov RBOB gasoline (RBX24 ) closed down -3.13 (-1.56%). Crude oil and gasoline prices settled sharply lower on Wednesday. A stronger dollar Wednesday weighed on energy prices. Oil prices were also weighed down by concern that Chinese fuel...

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Warm US Temps are Bullish for Nat-Gas Prices

October Nymex natural gas (NGV24 ) on Wednesday closed up by +0.086 (+3.37%). Oct nat-gas prices Wednesday rose sharply on the outlook for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. On Wednesday, the Commodity Weather Group said that warmer-than-normal weather is expected...

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Crude Oil Prices Lower on Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24) today is down -0.77 (-1.08%), and Nov RBOB gasoline (RBX24) is down -0.940 (-0.47%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today is weighing on energy prices. Oil prices are also lower on concern that Chinese fuel demand will remain...

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Crude Oil Pushes Higher on Chinese Stimulus Measures

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.19 (+1.69%), and Nov RBOB gasoline (RBX24 ) closed up +3.79 (+1.93%). Crude oil and gasoline prices Tuesday posted moderate gains, with crude climbing to a 3-week high. Dollar weakness Tuesday was supportive of energy prices. Also, Tuesday's action by China...

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Nat-Gas Prices Retreat as Tropical Storm Helene Forecast to Miss Gulf Platforms

October Nymex natural gas (NGV24 ) on Tuesday closed down by -0.062 (-2.37%). Oct nat-gas prices Tuesday fell back from a 3-month high and posted moderate losses. Updated weather forecasts Tuesday project Tropical Storm Helene to make landfall on the US Gulf Coast farther east than previous projections, sparing most...

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Nat-Gas Prices Surge as the Gulf of Mexico Braces for a New Tropical Storm

October Nymex natural gas (NGV24 ) on Monday closed up by +0.179 (+7.35%). Oct nat-gas prices Monday rallied sharply to a 3-month high on concern a tropical storm developing in the Caribbean will strengthen into a hurricane as it moves north and disrupt nat-gas production in the Gulf of Mexico....

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Call for John Swinney to intervene over council's handling of Taymouth Castle plans

JOHN Swinney is being urged to intervene to prevent further changes to the controversial Taymouth Castle development.

The National (Scotland)

Nat-Gas Prices Recover Early Losses on the Outlook for Warmer US Temps

October Nymex natural gas (NGV24 ) on Thursday closed up by +0.064 (+2.80%). Oct nat-gas prices Thursday recovered from a 1-week low and closed moderately higher on forecasts for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. Short-covering emerged Thursday in nat-gas futures...

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Crude Prices Close Lower on Energy Demand Concerns in China

Oct WTI crude oil (CLV24 ) Wednesday closed down -0.28 (-0.39%), and Oct RBOB gasoline (RBV24 ) closed up +0.88 (+0.44%). Crude oil and gasoline prices Wednesday settled, with gasoline posting a 2-week high. Crude was under pressure Wednesday on concerns about Chinese energy demand after two Chinese refiners run...

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Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

October Nymex natural gas (NGV24 ) on Wednesday closed down by -0.040 (-1.72%). Oct nat-gas prices Wednesday posted moderate losses. Forecasts for seasonal US temperatures that will curb nat-gas demand from electricity providers to run air conditioning are weighing on prices. NatGasWeather said Wednesday that seasonal temperatures are expected across...

Barchart

Crude Prices Slip on Chinese Fuel Demand Concerns

Oct WTI crude oil (CLV24 ) today is down -0.44 (-0.62%), and Oct RBOB gasoline (RBV24 ) is down -0.38 (-0.19%). Crude oil and gasoline prices today are moderately lower. Crude is under pressure today on concerns about Chinese energy demand after two Chinese refiners run by Sinochem Group declared...

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Newcastle Herald

Woolworths lodges plans to transform old Bunnings Belmont site

It was almost a German supermarket, now a new player is eyeing it off.

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Crude Prices Climb on US Economic Strength and Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) Tuesday closed up +1.10 (+1.57%), and Oct RBOB gasoline (RBV24 ) closed up +3.37 (+1.71%). Crude oil and gasoline prices Tuesday rallied to 2-week highs and settled moderately higher. Crude rallied Tuesday as stronger-than-expected US economic news showed economic strength that is bullish for...

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Nat-gas Prices Jump as Weekly EIA Inventories Climb Less Than Expected

October Nymex natural gas (NGV24 ) on Thursday closed up by +0.087 (+3.83%). Oct nat-gas prices Thursday jumped to a 3-week high on a lower-than-expected build in weekly EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories rose +40 bcf, below expectations of +48 bcf. Nat-gas prices also...

StockNews.com

3 Oil Stocks With High Yields to Buy Now

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

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Nat-gas Prices Climb on Warmer US Temps and Hurricane Francine

October Nymex natural gas (NGV24 ) on Wednesday closed up by +0.038 (+1.70%). Oct nat-gas prices Wednesday rallied to a 2-1/2 week high and settled moderately higher. Nat-gas prices rose on forecasts for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. Maxar Technologies...

Barchart

Crude Finishes Higher on Smaller EIA Inventories and Hurricane Francine

Oct WTI crude oil (CLV24 ) Wednesday closed up +1.56 (+2.37%), and Oct RBOB gasoline (RBV24 ) closed up +2.72 (+1.45%). Crude oil and gasoline prices Wednesday settled sharply higher. Crude found support Wednesday from a smaller-than-expected build in weekly EIA crude inventories. Also, Hurricane Francine made landfall on Wednesday...

Barchart

Crude Gains as Weekly EIA Inventories Climb Less Than Expected

Oct WTI crude oil (CLV24 ) today is up +1.11 (+1.69%), and Oct RBOB gasoline (RBV24 ) is up +1.22 (+0.65%). Crude oil and gasoline prices today are moderately higher. Crude found support today from a smaller-than-expected build in weekly EIA crude inventories. Also, Hurricane Francine is expected to make...

Barchart

Crude Closes Sharply Lower on Global Energy Demand Concerns

Oct WTI crude oil (CLV24 ) Tuesday closed down -2.96 (-4.31%), and Oct RBOB gasoline (RBV24 ) closed down -5.04 (-2.62%). Crude oil and gasoline prices Tuesday sold off sharply, with crude falling to a 16-month nearest-futures low and gasoline dropping to a 3-1/2 year low. A stronger dollar on...

International Business Times

US Electric Utilities Eye Additional Rate Hikes For 2024

Since 2023, regulators have approved 58% of the rate increase requests amounting to a total rate of $12.7 billion, based on the latest figures by the Regulatory Research Associates (RRA), which is part of S&P Global Commodity Insights.

International Business Times

Heat Pumps Are Key To Home Electrification -- But Will Americans Buy In?

On a hot summer day, contractors snake wiring through the basement of a townhouse in southeast Washington to install a heat pump, a key component of the United States' multi-billion dollar push towards greater home electrification.

Barchart

Nat-Gas Prices Climb as Elevated EIA Inventories Begin to Ease

October Nymex natural gas (NGV24 ) on Friday closed up by +0.021 (+0.93%). Oct nat-gas prices Friday extended Thursday's rally and posted a new 2-week high. Signs that elevated US nat-gas storage levels are being whittled down gave prices a boost after Thursday's weekly nat-gas supplies rose +13 bcf, weaker...

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