Renewable capacity additions, especially solar, will continue to drive the growth of US power generation over the next two years, according to the US Energy Information Administration (EIA).

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

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 ...

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 ...

Image by Galeanu Mihai via iStock The U.S. Energy Information Administration (EIA) revealed its latest Henry Hub natural gas spot price forecasts in its January short term energy outlook (STEO ...

In 2026, prices at the pump will fall further, to an annual average of $3.00 per gallon, the EIA said. The lower gas prices largely reflect the agency's forecasts for lower crude oil prices amid a ...

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 ...

EIA expects growth in oil production during 2025 to be led by countries outside of OPEC+, increasing by 1.6 million b/d before slowing to growth of less than 900,000 b/d in 2026. “We expect ...

Crude inventories fell by 2 million barrels to 412.7 million barrels in the week ending Jan. 10, the EIA said, compared with analysts' expectations in a Reuters poll for a 992,000-barrel draw.

Today's weaker dollar is bullish for energy prices. Crude prices extended their gains after weekly EIA crude inventories fell more than expected to a 2-3/4 year low. Gasoline prices also ...

Natural Gas: Near-Term Bearishness Could Persist With $3.70 Support Under Threat By Damian Nowiszewski - Jan 22, 2025 Shifting weather patterns, EIA projections signal a challenging short-term ...