Stratospheric Warming: The Kingpin that Spurred Panic Buying in Natural Gas
In this WeatherWealth video, Jim and Scott have an impromptu chat about natural gas futuresGas flame with blue reflection on dark backdrop by Bellanatella via iStock
Crude Prices Climb on Geopolitical Risks from Russia and Iran
December WTI crude oil (CLZ25 ) on Friday closed up +1.40 (+2.39%), and December RBOB gasoline (RBZ25 ) closed up +0.0519 (+2.65%). Crude oil and gasoline prices rallied on Friday, recovering some of Wednesday's sharp sell-off. Concerns about global oil supplies are bullish for crude prices after U
Nat-Gas Prices Fall on a Larger-Than-Expected Build in Weekly Storage
December Nymex natural gas (NGZ25 ) on Friday closed down by -0.080 (-1.72%). Dec nat-gas prices retreated on Friday due to a larger-than-expected build in weekly nat-gas storage. The EIA reported Friday that nat-gas inventories rose +45 bcf for the week ended November 7, higher than expectations o
Crude Prices Rally on Reduced Russian Supplies and Renewed Middle East Risks
December WTI crude oil (CLZ25 ) today is up +1.64 (+2.79%), and December RBOB gasoline (RBZ25 ) closed up +0.0526 (+2.68%). Crude oil and gasoline prices are sharply higher today, recovering some of Wednesday's sharp sell-off. Concerns about global oil supplies are bullish for crude prices today af
Crude Prices Gain on Dollar Weakness and Energy Demand Optimism
December WTI crude oil (CLZ25 ) on Thursday closed up +0.20 (+0.34%), and December RBOB gasoline (RBZ25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices settled higher on Thursday, recovering some of Wednesday's sharp sell-off. Thursday's decline in the dollar index (DXY00 ) to a 2-week
Cold Weather Forecasts Push Nat-Gas Prices Higher
December Nymex natural gas (NGZ25 ) on Thursday closed up by +0.113 (+2.49%). Dec nat-gas prices extended their month-long rally on Thursday to a new 8-month nearest-futures high. Forecasts for colder US temperatures at the end of this month will increase heating demand for nat-gas and are pushing
Crude Prices Climb on Dollar Weakness and Reopening of the US Government
December WTI crude oil (CLZ25 ) today is up +0.30 (+0.51%), and December RBOB gasoline (RBZ25 ) is up +0.0138 (+0.71%). Crude oil and gasoline prices are moving higher today, recovering some of Wednesday's sharp sell-off. Today's decline in the dollar index (DXY00) to a 2-week low has sparked some.
Crude Extends Selloff After OPEC Revision — Eyes on EIA Report for Rebound Potential
I Crude oil moved sharply lower yesterday, breaking three support lines with ease to settle below most major support. Crude’s sharp move came after OPEC revised US production levels higher, pushing their estimated Q3 balance into a surplus. The weaker projection spooked a thin market, causing a shar
Are Wall Street Analysts Bullish on Targa Resources Stock?
Although Targa Resources has been underperforming the broader market, analysts remain bullish about its prospects.Targa Resources Corp logo and website- by T_Schneider via Shutterstock
American Water Works Stock Outlook: Is Wall Street Bullish or Bearish?
American Water Works has underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.American Water Works Co_ Inc_ logo on phone and website-by T_Schneider via Shutterstock
Oklo Just Got an Energy Department Greenlight. Should You Buy OKLO Stock Here?
OKLO stock extends gains as the nuclear-tech firm secured DOE’s approval for its Aurora Fuel Fabrication Facility. But financial weakness warrants caution in buying OKLO shares.At Dusk Thermal Power by hrui via Shuttershock
Crude Prices Plummet on OPEC Projections for a Global Crude Surplus
December WTI crude oil (CLZ25 ) on Wednesday closed down -2.55 (-4.18%), and December RBOB gasoline (RBZ25 ) closed down -0.0566 (-2.81%). Crude oil and gasoline prices sold off sharply on Wednesday, with crude falling to a 3-week low. Signs of global supply glut hammered crude prices on Wednesday
Nat-Gas Prices Turn Lower on a Mixed US Weather Forecast
December Nymex natural gas (NGZ25 ) on Wednesday closed down by -0.032 (-0.70%). Dec nat-gas prices fell from an 8-month nearest-futures high on Wednesday and turned lower on a mixed US weather forecast, which could potentially reduce heating demand for nat-gas. Forecaster Atmospheric G2 said Wedne
Crude Prices Tumble as OPEC Projects a Global Crude Surplus
December WTI crude oil (CLZ25 ) today is down -2.14 (-3.51%), and December RBOB gasoline (RBZ25 ) is down -0.0400 (-1.99%). Crude oil and gasoline prices are falling sharply today, with crude matching a 3-week low. Signs of global supply glut are weighing on crude prices after OPEC said a...Stacked
Crude Prices Climb on Dollar Weakness and Expected End of US Government Shutdown
December WTI crude oil (CLZ25 ) on Tuesday closed up +0.91 (+1.51%), and December RBOB gasoline (RBZ25 ) closed up +0.0409 (+2.07%). Crude oil and gasoline prices rallied on Tuesday, with crude posting a 1-week high and gasoline posting a 6-week high. Tuesday's decline in the dollar index (DXY00 ).
Forecasts for Frigid US Temps Push Nat-Gas Prices Sharply Higher
December Nymex natural gas (NGZ25 ) on Tuesday closed up sharply by +0.227 (+5.23%). Dec nat-gas prices rallied sharply to an 8-month nearest-futures high on Tuesday as forecasts for frigid US temperatures support increased heating demand for nat-gas. Forecaster Vaisala said Tuesday that the midday
Crude Prices Rally on Dollar Weakness and Expected End of US Government Shutdown
December WTI crude oil (CLZ25 ) today is up +0.94 (+1.56%), and December RBOB gasoline (RBZ25 ) is up +0.0412 (+2.09%). Crude oil and gasoline prices are sharply higher today, with crude posting a 1-week high and gasoline posting a 6-week high. Today's decline in the dollar index (DXY00) to...Offsh
Is Wall Street Bullish or Bearish on Public Service Enterprise Group Stock?
Public Service Enterprise Group Inc_ work truck-by EQRoy via Shutterstock
Crude Oil Prices Move Higher on Hopes for the US Government to Reopen
December WTI crude oil (CLZ25 ) on Monday closed up +0.38 (+0.64%), and December RBOB gasoline (RBZ25 ) closed up +0.0308 (+1.59%). Crude oil and gasoline prices settled higher on Monday. Dollar weakness on Monday was supportive for crude prices. Crude also rose with stock prices on Monday amid sp
Nat-Gas Prices Gain on Colder US Weather Forecasts
December Nymex natural gas (NGZ25 ) on Monday closed up +0.023 (+0.53%). Dec nat-gas prices rallied to an 8-month nearest-futures high on Monday as forecasts for colder US temperatures could boost heating demand for nat-gas. Forecaster G2 said Monday that forecasts shifted colder across most of the