News

EIA Sees Lower U.S. Crude-Oil Production as Drilling Slows
The EIA expects production to average a little above 13.4 million barrels a day this year, and just under 13.4 million ...
EIA forecasts drop in U.S. oil production as drilling slows due to lower prices
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...
OilPrice.com4d
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per ...
U.S. Crude-Oil Stockpiles Down More Than Expected
U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.
Commodities: U.S. Crude Oil Supply To Fall In 2026
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ...
Oil & Gas Journal1d
All bets are off for oil prices
Crude prices skyrocketed overnight Thursday into Friday morning as Israel attacked Iranian nuclear and military facilities.
Oil Prices Could Climb Higher if Mideast Tensions Escalate
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...
Crude inventory fell by 3.6M barrels for week ended June 6 – EIA
M barrels. Crude inventory change: -3.644M barrels vs. -4.3M barrels for the week ended May 30. Consensus estimate -2.4M. Gasoline inventory change:  1.504M barrels vs. -5.2M barrels for the week ...
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with ...