News
19h
GlobalData on MSNUS EIA forecasts crude oil to average below $60 by 2026
The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...
16h
Power Technology on MSNEIA predicts US power demand to rise to 4,284 billion kWh in 2026
Forecasts from the Energy Information Administration (EIA) reveal that US power consumption will reach record highs in 2025 ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
A new federal forecast projects that U.S. crude production will fall next year along with global benchmark oil prices.
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
This compared with mainland U.S. customers typically experiencing around two hours of outages per year, excluding major events, the EIA said in a note. Puerto Rico customers experienced an average of ...
U.S. exports of LNG have scaled new highs so far this year, rising by over 20% from the same months in 2024 to cement the U.S.' position as the world's largest supplier of the super-chilled fuel.
The U.S Energy Information Administration (EIA) on Tuesday predicted that Brent crude spot prices could average below $60 per barrel in the fourth quarter, a level not seen since 2020. A statement by ...
At 426.7 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.
Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...
Despite earlier predictions of a peak, US shale oil production is continuing to grow, driven by efficiency gains and a slower energy transition, though challenges remain.
14h
Barchart on MSNCrude Oil Falls on Bearish EIA Inventory Report and IEA Oil Surplus Forecast
September WTI crude oil (CLU25) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25) is down -0.0266 (-1.29%).
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