U.S. Energy Information Administration
U.S. markets are trading lower for a second straight day. No upside catalyst has appeared, and traders may begin to be wondering if one will ever show up.
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The futures are flat on this Thanksgiving eve as trading volume will slow to a trickle with the holiday tomorrow and an early 1 pm EST close for Friday. The major indices all ended Tuesday higher...
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U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
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Energy generated from renewable sources passed coal-fired power consumption in the first quarter of this year.
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Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
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The Saudi-Russian oil price war and potentially increased availability of supply from Saudi Arabia delivered enough of a knockout blow on Monday that the U.S. government figured out it better stop...
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Analysts at IHS Markit expect U.S. shale oil production growth to decline by half next year. How investors (who are demanding a bigger share of profits) respond is the big question.
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The U.S. commercial crude oil inventory rose by nearly 8 million barrels last week and oil prices are sliding as a result.
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The U.S. stockpile of crude oil rose by nearly 6 million barrels last week while stocks of gasoline and diesel fuel declined. The price of crude has slipped by less than 1% following the report from...
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The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market.
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The U.S. crude oil stockpile rose by more than 9 million barrels last week but the impact of the huge increase was partially offset by large declines in gasoline and distillate inventories.
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The U.S. Energy Information Administration has projected that almost half of global electricity generation by 2050 will be fueled by renewable sources.
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The U.S. stockpile of crude oil rose by 1.1 million barrels last week, the first gain in five weeks. Hopes for a quick recovery in Saudi Arabian production also have been raised.
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The OPEC Monthly Oil Market Report for August was released today. It didn't make much noise when it landed.
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Americans use an extraordinary amount of gasoline per day, which means even a small price change can cost consumers hundreds of millions of dollars a year.
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