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EIA, oil and Gas prices
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
Strength, then oversupply? Parsing the latest EIA oil forecast
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that the balance of supply and demand will shift toward oversupply in the back half of the year and 2026.
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
6h
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
3d
on MSN
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
13h
on MSN
Oil prices hover near 5-month highs on heightened supply concerns
Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...
1d
on MSN
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
6d
on MSN
Oil touches $80 per barrel as sweeping sanctions against Russia rattle markets
Oil prices jumped to a three-month high on Friday, with traders digesting new, sweeping sanctions against Russia as the Biden ...
legit
9h
Oil Marketers Abandon Private Depots, Shift to Dangote Refinery as Petrol Prices Rise Again
Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...
Rigzone
7d
SC Says Oil Market Sentiment Appears to Have Improved Significantly
Oil market sentiment appears to have improved significantly over the past month, analysts at Standard Chartered Bank said.
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Russia
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EIA
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