Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a ...

Forecasts from major energy bodies suggest a trend toward inventory builds and moderated prices, contingent on geopolitical ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

Despite declining prices, strategic stockpiling by China along with OPEC+ production cuts are expected to limit the extent of ...

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...

Oil futures slipped midday Wednesday as new Energy Information Administration data showed record U.S. crude production outweighed a decline in commercial inventories. As of 12:30 p.m. ET, the NYMEX ...

Crude oil stocks, not including the SPR, stood at 425.7 million barrels on December 5, the EIA's latest weekly petroleum ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Crude oil holds steady as traders eye a 7M barrel inventory draw and Fed rate cut; rising U.S. production and weak demand keep oil outlook under pressure.

January WTI crude oil (CLF26) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26) closed down -0.0077 (-0 ...

Global oil inventories are expected to rise through 2026, putting downward pressure on prices. China’s stockpiling has helped limit price declines, even as global supply increases. US crude oil ...