US gas prices will fall to $3.20 per gallon this year and $3.00 per gallon in 2026, the EIA says. The agency says the global oil glut will expand in the next two years, putting downward pressure on ...

Supply and demand data for this week will be released at 10:30 a.m. ET on Dec. 29, with supporting materials issued at 1 p.m. ET, the agency added. This content was created by Oil Price Information ...

Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in a row, but gasoline and ...

Natural gas intered Week 51 with a forecast -185 BCF storage withdrawal for Week 50 (December 12)-a record draw crushing the ...

Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the ...

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can ...

Institutional oil market forecasts are agenda-driven; EIA's delayed surplus prediction is bullish for oil, despite market focus on bearish aspects. EIA's optimistic U.S. production growth may be ...

Crude oil holds steady as traders eye a 7M barrel inventory draw and Fed rate cut; rising U.S. production and weak demand keep oil outlook under pressure.

The Energy Information Administration’s (EIA) Crude Oil Inventories report revealed a larger-than-expected decline in the number of barrels of commercial crude oil held by US firms. The actual figure ...

Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA predicted ...

In a report sent to Rigzone on Thursday by the Macquarie team, Macquarie strategists outlined that they “see potential for a U.S. crude stock draw” in the U.S. Energy Information Administration’s (EIA ...