U.S. Energy Information Administration

Oil worker

Oil Rig Count Dropped by 2 Last Week, Hedge Funds Take a Breather

In the week ended May 27, the number of rigs drilling for oil in the United States totaled 316, down two compared with the prior week and a total of ...
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Natural Gas Price Slips After Storage Rises More Than Expected

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 71 billion cubic feet for the week ending May 20. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Holds Gains as Stockpiles Fall 4.2 Million Barrels

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week, maintaining a total U.S. commercial ...
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Natural Gas Price Flat After Storage Report; Down 7% From Week Ago

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 73 billion cubic feet for the week ending May 13. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Slumps on Surprise Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial ...
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fracking

EIA: June Crude Production to Fall by 113,000 Barrels a Day

The U.S. Energy Information Administration (EIA) on Monday released its May report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is ...
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Blue Flame

Natural Gas Price Stays Flat Following Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 56 billion cubic feet for the week ending May 6. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Jumps Sharply on Surprise Inventory Drawdown

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.4 million barrels last week, maintaining a total U.S. commercial ...
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oil train

EIA Raises Summer Gasoline Price Estimate by 8%

In its March version of the Short Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) projected an average summer driving season price of $2.04 per gallon. On Tuesday, ...
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Nat Gas Field

Natural Gas Price Ticks Higher After Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 68 billion cubic feet for the week ending April 29. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Softens as Crude, Gasoline Stockpiles Rise

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2.8 million barrels last week, maintaining a total U.S. commercial ...
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Oil rig

Oil Rig Count Drops by 11, Hedge Funds Still Exiting Short Positions

In the week ended April 29, the number of rigs drilling for oil in the United States totaled 332, compared with 343 in the prior week and 679 a year ...
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Natural Gas Price Slips Further After Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 73 billion cubic feet for the week ending April 22. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Gains Dip Following Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2 million barrels last week, maintaining a total U.S. commercial ...
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falling oil prices

US Q1 Oil Production Down 370,000 Barrels a Day

Crude oil production in the United States for the first three months of 2016 averaged 9.11 million barrels a day. That's 370,000 barrels a day below the first-quarter 2015 average of ...
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