The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, ...
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EIA: US Crude Inventories Sag As Oil Products Grow
Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a ...
At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...
Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
Despite declining prices, strategic stockpiling by China along with OPEC+ production cuts are expected to limit the extent of ...
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, ...
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EIA Reports Small Crude Build Amid Rising Imports
Crude oil inventories in the United States increased by 2.8 million barrels during the week ending November 21, after losing ...
Forecasts from major energy bodies suggest a trend toward inventory builds and moderated prices, contingent on geopolitical ...
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 ...
The Energy Information Administration (EIA) projects a significant drop in crude oil and gasoline prices by 2025, with Brent ...
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 ...
After dropping 1.5 million daily barrels two weeks ago, crude exports rose 1.3 million last week. This week's report from EIA is down 1.5 million barrels a day to just under 3.6 million barrels a day.
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