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 ...

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 ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA) revealed its ...

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 ...

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 ...

That’s more than twice as large as the 300,000 barrel-a-day surplus the agency projects for this year. The EIA had forecast a small supply deficit this year in last month’s report.

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.

While CIDCO authorities have begun construction of the Kharghar-Turbhe link road project, which involves drilling a tunnel through the Pandavkada hills, RTI has revealed that information regarding ...

Crude Stockpile Fell 6.7 Million Barrels Last Week: EIA By Investing.com - Jun 30, 2021 14 Investing.com -- U.S. oil stockpiles declined more than expected in the latest week, the Energy ...

Everyone is entitled to one good scare. The Energy Information Administration (EIA) came out with a spooky bullish weekly supply and demand report that could lead to spine chilling ...