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New Solar Plants to Power Majority of US Electricity Generation Growth, EIA Says (Reuters) - The U.S. Energy Information Agency expects growth in U.S. power generation over the next two years to ...
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 ...
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.
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 ...
EIA expects crude oil production to increase in 2025 and 2026, both globally and in the United States. EIA estimates U.S. crude oil production averaged a record 13.2M barrels per day in 2024 and ...
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 ...
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 ...