The EIA said it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026. The EIA slightly raised its estimate for record U.S. oil ...

The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...

For 2024, the EIA forecasts average U.S. natural-gas prices of $2.19 per million Btus, up 0.9% from the November forecast. It also lifted its 2025 forecast by 1.9% to $2.95. For the rest of the ...

The EIA sees international benchmark Brent averaging about $74 a barrel this year, down from $81 a barrel in 2024. For 2026, it expects Brent to average $66 a barrel. West Texas Intermediate ...

It also introduced a forecast of $3.97 for 2026. The EIA also lifted its 2025 forecasts for West Texas Intermediate crude by 1.7% to $70.31 a barrel and Brent crude by 1% to $74.31. Total world ...

U.S. crude oil imports from Mexico fell by 372,000 barrels per day (bpd) to a weekly record low of 149,000 bpd in the week ...

HOUSTON, Jan 8 (Reuters) - U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the Energy Information Administration (EIA ...

In the outlook, the EIA predicted weaker oil prices this year and next, citing expectations that OPEC will roll back its production cuts and non-OPEC oil producers will continue raising their ...