U.S. Energy Information Administration

Crude Oil Prices Bounces Higher Following Big Drop in Gasoline Supply

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
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Oil Rig Count Rises by 21, Hedge Funds Net Short 100 Million Barrels in Past 2 Weeks

In the week ended March 24, 2017, the number of rigs drilling for oil in the United States totaled 652, up by 21 compared with the prior week and 280 ...
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Natural Gas Price Holds Following Storage Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 150 billion cubic feet for the week ending March 17. Analysts were expecting a ...
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Crude Oil Prices Tumble on Another Big Inventory Addition

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5 million barrels last week, maintaining a total U.S. commercial ...
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Oil Rig Count Rises by 14, Hedge Funds Pile Into Short Positions

In the week ended March 17, 2017, the number of rigs drilling for oil in the United States totaled 631, up by 14 compared with the prior week and up ...
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Natural Gas Price Dips on Smaller-Than-Expected Storage Draw

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 53 billion cubic feet for the week ending March 10. Analysts were expecting a ...
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Crude Oil Prices Hold Gains After Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 200,000 barrels last week, maintaining a total U.S. commercial crude ...
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OPEC Reports 2% Rise in Crude Prices Last Month; Saudi Production Rises Too

In its Monthly Oil Market Report for March, released Tuesday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel's price for its reference basket rose to ...
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Natural Gas Price Bounces Following Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 68 billion cubic feet for the week ending March 3. Analysts were expecting a ...
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Crude Oil Prices Remain Lower After Massive Inventory Addition

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 8.2 million barrels last week, maintaining a total U.S. commercial crude ...
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EIA Forecasts Rising Production, Slightly Higher Pump Prices

The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). The EIA is forecasting an average U.S. pump price for 2017 ...
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Natural Gas Price Dips Following Unusual Winter Inventory Increase

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 7 billion cubic feet for the week ending February 24. Analysts were expecting a ...
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Oil Barrels

Crude Oil Inches Up on Inventory Report, Improved Compliance on OPEC Cuts

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.5 million barrels last week, maintaining a total U.S. commercial ...
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fracking

Oil Rig Count Rises by 5, Hedge Funds at Record Long Futures Positions

In the week ended February 24, 2017, the number of rigs drilling for oil in the United States totaled 602, up by five compared with the prior week and up from a ...
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Oil Barrels

Crude Oil Price Rises on Modest Addition to Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning. U.S. commercial crude inventories increased by 600,000 barrels last week, maintaining a total U.S. commercial crude ...
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