WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

U.S. crude oil and natural gas production, along with demand for natural gas and electricity, will all rise to record highs ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

The EIA predicted that the U.S. electricity consumption would reach record levels in 2025 and 26. The EIA predicted that the ...

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s ...

According to its latest short term energy outlook, the EIA sees U.S. crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. Image by Pavel Muravev via ...

Global oil inventories are likely to fall in the second quarter of this year, leading to a rise in Brent crude prices, but as OPEC+ unwinds its output cuts, prices are likely to decline late in 2025 ...

Sun, 09 Mar 2025 03:00:38 GMT Oil News ... oil output to offset a drop in Russian production. The Wall Street Journal first broke the story on Tuesday. EIA Set to Release Weekly Inventories ...

Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the ...