BIZARRE: Eia - You Need To See This

US EIA lifts Brent forecast to $98 as Iran war tightens global supplies

The US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Brent crude is expected to average approximately $98 a barrel in 2026. Retail diesel prices are projected to remain high initially before gradually declining to around $4.50 in 2027.…

The Economic Times · 1h ago

Google told to halt work on datacentres in Finland over environmental concerns

Order on two construction sites comes after Google failed to carry out environmental impact assessments

The Guardian - UK · 1h ago

Nat-Gas Prices Climb on Cooler US Weather Forecasts

November Nymex natural gas (NGX26 ) on Monday closed up +0.031 (+1.02%). Nat-gas prices settled higher on Monday as forecasts for cooler US weather later this month could boost heating demand for nat-gas. The Commodity Weather Group said Monday that forecasts shifted cooler across the northern and western US from...

Barchart · Oct 5

Alaska spent $46.9 million to lower electric bills in 186 communities in FY2025, covering 148.5 million kWh, where rural power costs can be far higher

In fiscal year 2025, Alaska committed around $46.9 million to assist 186 remote communities with rising electricity expenses. By targeting the high costs associated with diesel-generated power, the initiative aims to lessen financial burdens on approximately 80,000 residents benefiting from the Power Cost Equalization Program. While this support is crucial,…

The Economic Times · Oct 2

Crude Oil Prices Surge on Possible Escalation of US-Iran War

November WTI crude oil (CLX26 ) closed up +2.45 (+2.71%) on Thursday, and November RBOB gasoline (RBX26 ) closed up +0.1421 (+4.36%). Crude oil and gasoline prices settled sharply higher on Thursday as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz...

Barchart · Oct 1

Nat-Gas Prices Fall on Larger Weekly Storage Build and Seasonal US Weather

November Nymex natural gas (NGX26 ) on Thursday closed down -0.065 (-1.93%). Nat-gas prices settled lower on Thursday on a larger-than-expected build in weekly nat-gas storage, along with forecasts for mild US autumn weather that could curb heating and air-conditioning demand for nat-gas. The EIA on Thursday reported that nat-gas...

Barchart · Oct 1

Global Supply Risks Underpin Crude Oil Prices

November WTI crude oil (CLX26 ) is up +2.28 (+2.52%) today, and November RBOB gasoline (RBX26 ) is up +0.1014 (+3.11%). Crude oil and gasoline prices are sharply higher today as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz from fully...

Barchart · Oct 1

Oil prices barely changed as investors assess US-Iran peace talks and Gulf exports

Oil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions for potential ramifications. While Brent crude futures slightly increased, US West Texas Intermediate experienced a marginal dip. Analysts emphasized the need for significant developments in the negotiations to see a…

The Economic Times · Oct 1

Shrinking Gasoline and Diesel Supplies Lifts Crude Oil Prices

November WTI crude oil (CLX26 ) closed up +1.04 (+1.16%) on Wednesday, and November RBOB gasoline (RBX26 ) closed up +0.1282 (+4.09%). Crude oil and gasoline prices rallied sharply on Wednesday after Russia extended its diesel export ban, further tightening the global market. Also, attacks on vessels transiting the Strait...

Barchart · Sep 30

Nat-Gas Prices Rebound on Expectations for a Smaller Weekly Build in Gas Storage

November Nymex natural gas (NGX26 ) on Wednesday closed up +0.015 (+0.50%). Nat-gas prices recovered from early losses on Wednesday and settled higher on expectations for a smaller-than-average build in weekly gas storage. The consensus is that Thursday’s weekly EIA nat-gas inventories rose +63 bcf for the week ending September...

Barchart · Sep 30