U.S. Energy Information Administration
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
17 days ago
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...
25 days ago
Last Updated: 25 days ago
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.
4 months ago
Last Updated: 2 months ago
The U.S. commercial crude oil inventory rose by nearly 8 million barrels last week and oil prices are sliding as a result.
4 months ago
Last Updated: 2 months ago
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...
5 months ago
Last Updated: 2 months ago
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.
5 months ago
Last Updated: 2 months ago
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.
5 months ago
Last Updated: 2 months ago
The U.S. Energy Information Administration has projected that almost half of global electricity generation by 2050 will be fueled by renewable sources.
6 months ago
Last Updated: 22 days ago
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.
6 months ago
Last Updated: 2 months ago
The OPEC Monthly Oil Market Report for August was released today. It didn't make much noise when it landed.
7 months ago
Last Updated: 2 months ago
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.
8 months ago
Last Updated: 2 months ago
The U.S. natural gas stockpile rose by 25 billion cubic feet last week, a bit less than analysts expected. Cooler weather in the Midwest is likely to push prices higher this week.
11 months ago
Last Updated: 2 months ago
Summer gasoline prices are forecast to be nearly a dime a gallon lower this year than they were last summer. Good news for Americans who will be hitting the roads this summer.
11 months ago
Last Updated: 2 months ago
The U.S. natural gas stockpile rose last week as warmer weather settled in over most of the country. Some producers in the Permian Basin were forced to pay customers to take their gas as pipeline...
1 year ago
Last Updated: 2 months ago
The U.S. Energy Information Administration reported this morning that last week's withdrawal from U.S. natural gas storage was 36 billion cubic feet. That's less than analysts expected.
1 year ago
Last Updated: 2 months ago