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 ...

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 ...

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 ...

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 ...

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 ...

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.

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 ...

Love and strength to all your family. We will miss you so much.” RuPaul’s Drag Race UK Vs The World winner Tia Kofi said in a post on social media: “This is an incredible loss to the British ...

Fri, 31 Jan 2025 14:07:59 GMT On January 8, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by -40 Bcf from the previous week ...

Natural Gas: Near-Term Bearishness Could Persist With $3.70 Support Under Threat By Damian Nowiszewski - Jan 22, 2025 Shifting weather patterns, EIA projections signal a challenging short-term ...