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On August 14, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage ...
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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 ...
September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down ...
"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...
Despite earlier predictions of a peak, US shale oil production is continuing to grow, driven by efficiency gains and a slower ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
September WTI crude oil (CLU25) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25) is down -0.0266 (-1.29%).
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
On August 7, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage ...
The EIA projected power demand will rise to 4,186 billion kilowatt-hours (kWh) in 2025 and 4,284 billion kWh in 2026, up from ...
A new federal forecast projects that U.S. crude production will fall next year along with global benchmark oil prices.
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