The Latest Breaking News from EIA

Sep Nymex natural gas (NGU24 ) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline. Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices fell to a new 2-3/4 month low on the nearest futures chart and...

Sep WTI crude oil (CLU24 ) today is down -1.29 (-1.65%), and Sep RBOB gasoline (RBU24 ) is down -0.0200 (-0.82%). Crude oil prices today are trading lower on this week's theme of weaker global economic growth and US political uncertainty. The markets are also worried on a longer-term basis...

Sep Nymex natural gas (NGU24 ) on Thursday closed down -0.086 (-3.99%). Sep nat-gas prices on Thursday extended the sharp 3-session sell-off and closed just mildly above the contract low posted on July 17. Meanwhile, Aug nat-gas prices are hovering just moderately above the 4-year low posted earlier this year...

Sep WTI crude oil (CLU24 ) today is up +0.06 (+0.06%), and Sep RBOB gasoline (RBU24 ) is down -0.0093 (-0.38%). Crude oil prices are seeing support from today mildly stronger-than-expected US Q2 GDP report of +2.8% versus expectations of +2.0%. Oil prices are also seeing carry-over support from Wednesday's...

Sep Nymex natural gas (NGU24 ) on Wednesday closed down -0.066 (-2.97%), adding to Tuesday's decline of -2.71%. Sep nat-gas prices have now more then given back Monday's rally of +5.59%. Nat-gas prices on Wednesday continued to run into long liquidation pressure after Monday's rally. Nat-gas prices also fell on...

Sep WTI crude oil (CLU24 ) today is up +0.80 (+1.04%), and Sep RBOB gasoline (RBU24 ) is up +0.0384 (+1.62%). Crude oil and gasoline prices today are higher on a bullish weekly EIA report. The energy markets have been to shake off today's sharp sell-off in US stocks and...

Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…

August WTI crude oil (CLQ24 ) on Thursday closed down -0.03 (-0.04%), and Aug RBOB gasoline (RBQ24 ) closed up +1.51 (+0.60%). Crude oil and gasoline prices Thursday gave up an early advance and settled mixed. A stronger dollar Thursday weighed on energy prices. Crude prices also turned lower Thursday...

August Nymex natural gas (NGQ24 ) on Thursday closed up by +0.090 (+4.42%). Aug nat-gas prices Thursday settled sharply higher after weekly EIA nat-gas inventories rose less than expected. The EIA reported that nat-gas inventories rose +10 bcf, below expectations of +27 bcf and well below the five-year average for...

August WTI crude oil (CLQ24 ) today is down -0.17 (-0.21%), and Aug RBOB gasoline (RBQ24 ) is down -0.43 (-0.17%). Crude oil and gasoline prices today gave up an early advance and turned lower. A stronger dollar today is negative for energy prices. Crude prices turned lower after stocks...

August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.153 (-6.99%). Aug nat-gas prices Wednesday plummeted to a 2-1/2 month low and closed sharply lower. A glut of US nat-ga supplies continues to undercut prices, with nat-gas inventories +18.7% above their 5-year seasonal average as of July 5....