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

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

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, ...

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

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 ...

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 ...

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

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.

In its latest short term energy outlook (STEO), which was released on December 9, the U.S. Energy Information Administration (EIA) increased its Brent price forecast for 2025 and 2026 but still ...

January WTI crude oil (CLF26) today is down -0.32 (-0.56%), and January RBOB gasoline (RBF26) closed down -0.0118 (-0.67%).

January WTI crude oil (CLF26) on Wednesday closed up +0.21 (+0.36%), and January RBOB gasoline (RBF26) closed down -0.0082 ...