1527 ET – Natural gas futures settle fractionally higher in choppy trade. The EIA reported a 38 Bcf withdrawal from storage for last week, which landed at the low end of market expectations and left ...
U.S. fossil fuel generation could rise over the next two years as surging electricity consumption from data centers ​tightens power supplies, the U.S. Energy Information Administration ‌said in an ...
Natural gas futures settled fractionally higher in choppy trade.
April Nymex natural gas (NGJ26) on Thursday closed up +0.024 (+0.75%). Nat-gas prices on Thursday rallied in sympathy with crude oil and European gas prices amid the Iran war, which is dragging on.
U.S. natural gas prices remain relatively stable around $3.10–$3.40/MMBtu because export terminals are already operating near full capacity and domestic production continues to rise.
Stocks for the week ended March 6 were 1,848 Bcf vs. 1,886 Bcf for the week ended February 27. Net change: -38 Bcf vs. -132 Bcf for the week ended February 27. Consensus: -42B. Natural Gas Futures ...
Military action in the Middle East continues to impact oil prices and fuel markets. Find out what the latest reports tell us.
The Department of Energy said the United States would contribute 172 million barrels of oil from the Strategic Petroleum ...
The war in Iran has choked the world’s supply of oil to a “trickle,” the International Energy Agency said in a new report released on Thursday. According to the organization, which tracks and helps ...
The members of the International Energy Agency will release 400 million barrels of oil, the largest such coordinated action on record.
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% ...
Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was higher and stocks were mixed.