News

An uptick in geopolitical risks prompted the Energy Information Administration to rethink its oil price expectations for the remainder of the year. In its July Short Term Energy Outlook, the agency ...
Solar is expected to account for 7% of total U.S. generation in 2025 and 8% in 2026, the Energy Information Administration ...
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...
M barrels. Crude inventory change: 7.1M barrels vs. +3.8M barrels for the week ended June 27. Consensus estimate: -1.700M.
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of ...
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...
Gold prices traded lower, droped 0.39% to $3288 an ounce, near one-week low, pressured by rising Treasury yields and a ...
Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne ...
Short-Term Energy Outlook (STEO) raised its 2025 Brent forecast by $3 to $69/bbl, citing a spike in geopolitical risk from ...
The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...
Natural gas futures rebound on short-covering as traders watch EIA inventory data and cooler weather forecasts to guide the ...