15 articles
The U.S. Energy Information Administration reported that crude and distillate inventories fell while gasoline stocks rose last week. Crude stocks dropped by 3.2 million barrels to 424.1 million, defyi
The U.S. Energy Information Administration raised global crude oil price forecasts, projecting Brent at $91 and WTI at $84.65 per barrel this year amid declining inventories and Middle East supply dis
The U.S. Energy Information Administration projects natural gas supply and demand will hit record highs in 2026 and 2027, with production rising to 115.9 bcfd by 2027 alongside declining coal output a
The U.S. Energy Information Administration raised oil price forecasts as Iran war disruptions drain global stockpiles. Brent crude is now expected to average $91 per barrel this year, reflecting signi
The U.S. Energy Information Administration forecasts power consumption will hit record highs in 2026 and 2027, driven by AI data centers and electrification. Demand is projected to rise across residen
The U.S. Energy Information Administration reported a 4.5 million barrel drop in crude inventories and a 1.2 million barrel decline in gasoline stocks, while distillate supplies increased by 0.8 milli
The U.S. Energy Information Administration forecasts Middle East oil production will stay shut-in through 2027 due to regional conflicts. Consequently, the agency raised its 2026 crude oil price forec
The U.S. Energy Information Administration projects record power consumption growth through 2027, driven by AI data centers and electrification, though Texas demand forecasts were revised downward fol
The U.S. Energy Information Administration reported record 2025 crude oil and natural gas production, with LNG exports reaching 111 million tons. Government initiatives aim to further boost domestic c
The U.S. Energy Information Administration projects record power consumption growth through 2027, driven by AI data centers and electrification. Industrial natural gas demand is expected to rise while
The U.S. Energy Information Administration forecasts record natural gas production and consumption in 2026, alongside rising LNG exports and declining coal usage driven by power generation shifts.
The U.S. Energy Information Administration reported declining crude and gasoline inventories alongside rising exports amid geopolitical tensions. Oil futures reacted to the supply tightening, with ana
The U.S. Energy Information Administration forecasts power consumption will hit record highs in 2026 and 2027, driven by AI data centers and electrification, while the energy mix shifts away from coal
The U.S. Energy Information Administration revised its forecasts, citing severe Middle East supply disruptions that will cut 10.8 million barrels per day by May, driving Brent crude to $106 and raisin
The U.S. Energy Information Administration reported a historic drop in oil stockpiles, making the country a net crude exporter on a weekly basis for the first time since 1943. Record exports drove oil
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