The U.S. Energy Information Administration (EIA) reports in its September Short Term Energy Outlook that this year’s cost of gasoline for U.S. drivers is the lowest since at least 2005 as a share of ...
Distillate production also rose, climbing by 132,000 b/d to 4.944 million b/d, according to EIA. With distillate demand strong and refining margins high, refiners during the week produced about 11% ...
Working gas in storage grew by 18 Bcf from the previous week. Analysts expected a build of 33 Bcf, so the EIA report missed analyst estimates by a wide margin. Natural gas prices settled back above ...
September WTI crude oil (CLU25) today is down -0.33 (-0.51%), and September RBOB gasoline (RBU25) is up +0.0112 (+0.54%). Crude oil and gasoline prices today are mixed. Dollar strength today is ...
How to Trade Bond ETFs: Understanding Credit Ratings, Duration & How They Really Work Natural gas inventory at 2,823 Bcf sits 143 Bcf above five-year average, but massive cold weather draws loom ahead ...
Oil futures extended earlier gains on Thursday after the Energy Information Administration reported that U.S. commercial crude inventories unexpectedly fell by 2.2 million barrels for the week that ...
October WTI crude oil (CLV25) on Thursday closed down -0.49 (-0.77%), and October RBOB gasoline (RBV25) closed down -0.0025 (-0.12%). Crude oil and gasoline prices closed lower, with crude posting a 2 ...
The EIA reported a crude oil inventory draw of 1 million barrels for the week ending January 17, but gasoline and middle distillate inventories saw mixed changes. Oil prices dipped due to a ...