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 ...

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 ...

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

HOUSTON (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy ...

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 ...

World oil markets are expected to average a surplus of 1 million barrels a day in 2026, the Energy Information Administration said Tuesday, up from the 800,000 barrel-a-day surplus it projected in ...