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Market News
Crude Gives Up Early Gains as Weekly EIA Inventories Unexpectedly Increase
BarchartWed Nov 20, 2:19PM CST
December WTI crude oil (CLZ24 ) Wednesday closed down -0.52 (-0.75%), and December RBOB gasoline (RBZ24 ) closed up +0.0081 (+0.40%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is a bullish factor for crude prices after Ukraine fired...
Nat-Gas Prices Sharply Higher on the Outlook for Colder US Temps
BarchartWed Nov 20, 2:18PM CST
December Nymex natural gas (NGZ24 ) on Wednesday closed sharply higher by +0.195 (+6.50%) Dec nat-gas prices Wednesday extended this week's sharp rally to a 10-month nearest-futures high. The outlook for sharply colder temperatures toward the end of the month that will boost heating demand for nat-gas is pushing prices...
1 Energy Transition Stock Set to Thrive Under Trump 2.0
BarchartWed Nov 20, 1:04PM CST
A key component to modernizing the electric grid to meet soaring power demand from AI data centers are transformers. But the industry is being overwhelmed by demand for transformers. The $48 billion market is forecast to reach $67 billion by 2030, says consultancy Rystad Energy. This is great news for companies like GE Vernova.
Crude Prices Underpinned as Ukraine-Russian War Escalates
BarchartWed Nov 20, 10:50AM CST
December WTI crude oil (CLZ24 ) today is up +0.21 (+0.30%), and December RBOB gasoline (RBZ24 ) is up +0.0210 (+1.03%). Crude oil and gasoline today are moderately higher, with crude posting a 1-week high and gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is boosting crude prices...
Crude Oil Gains on Escalation of Ukraine-Russian War
BarchartTue Nov 19, 2:17PM CST
December WTI crude oil (CLZ24 ) Tuesday closed up +0.23 (+0.33%), and December RBOB gasoline (RBZ24 ) closed up +0.0194 (+0.96%). Crude oil and gasoline prices Tuesday rallied to 1-week highs and closed moderately higher. Crude found support Tuesday from a weaker dollar and an escalation of the Ukraine-Russian war....