U.S. Energy Information Administration

Oil Barrels

Crude Oil Price Dips on Inventory Report, Worry Over OPEC Cuts

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial ...
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oil rig

EIA Forecast Sees Higher Pump Prices Ahead, Slightly More US Crude Production

The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). By the end of 2016, the EIA is forecasting an average ...
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Blue Flame

Natural Gas Price Up 4.5% After Storage Report

The U.S. Energy Information Administration (EIA) reported Thurssday afternoon that U.S. natural gas stocks decreased by 50 billion cubic feet for the week ending November 25. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Soars on OPEC Deal, Inventory Change Not a Factor

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
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Natural Gas Price Up 2% After Storage Report

The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 2 billion cubic feet for the week ending November 18. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Creeps Up on Inventory Decline, Gasoline Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week, maintaining a total U.S. commercial ...
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fracking

Rig Count Rises by Most in 2 Years, Hedge Funds Boost Short Positions

In the week ended November 11, the number of rigs drilling for oil in the United States totaled 471, up by 19 compared with the prior week and a total ...
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Natural Gas Price Ticks Down on Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 30 billion cubic feet for the week ending November 11. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Rises on Production Drop, Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5.3 million barrels last week, maintaining a total U.S. commercial ...
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oil tanker

Rig Count Ticks Down as Crude, Natural Gas Prices Plunge

In the week ended November 4, the number of rigs drilling for oil in the United States totaled 452, up by 2 compared with the prior week and a total ...
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Natural Gas Price Steady Following Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 54 billion cubic feet for the week ending November 4. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Dips as Inventory Continues to Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial ...
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oil field sunset

EIA Forecast Sees Higher US Crude Production, Higher Pump Prices Ahead

The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). The agency lowered its average summer driving season price for a ...
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fracking

Rig Count Jumps as Crude Prices Plunge; Hedge Funds Raise Short Bets

In the week ended October 28, the number of rigs drilling for oil in the United States totaled 450, up by nine compared with the prior week and compared with a ...
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Oil Barrels

Crude Oil Price Plunges 3% as Inventory Soars

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 14.4 million barrels last week, maintaining a total U.S. commercial ...
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