U.S. Energy Information Administration
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...
12 days ago
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
2 years ago
Energy generated from renewable sources passed coal-fired power consumption in the first quarter of this year.
2 years ago
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
2 years 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...
2 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years ago
The U.S. commercial crude oil inventory rose by nearly 8 million barrels last week and oil prices are sliding as a result.
3 years ago
Last Updated: 2 years 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...
3 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years ago
The U.S. Energy Information Administration has projected that almost half of global electricity generation by 2050 will be fueled by renewable sources.
3 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years ago
The OPEC Monthly Oil Market Report for August was released today. It didn't make much noise when it landed.
3 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years 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.
3 years ago
Last Updated: 2 years ago