US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...
API reports a 2.6M-barrel crude draw, lifting prices, but EIA’s bearish outlook looms as traders await the weekly inventories ...
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
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Since the escalation of the Russia-Ukraine war in 2022, the U.S. has imposed an import ban on Russian energy assets, raising ...
Crude oil futures resumed their rally Wednesday, driven to their highest levels since August by renewed support from the prospect of supply curbs due to U.S. sanctions on Russian oil and winter ...
As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas ...