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 ...
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 ...
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 ...
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.
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 ...
Expand In the January Short-Term Energy Outlook (STEO) published Tuesday, the U.S. Energy Information Administration (EIA) upped its projected price for the benchmark spot price to $3.10/MMBtu for ...
U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry ...
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 ...
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 ...
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 ...
EIA Ocean team Legal and Policy Specialist Amy Youngman said: “This highlights a glaring inequity in the global plastic waste trade whereby wealthy nations and the largest plastic producers continue ...