Natural gas futures fall as traders watch EIA report for direction. Weak demand and mild weather add bearish pressure. Will ...
WTI crude oil consolidates near the long-term support zone, while natural gas pulls back after testing strong resistance at ...
U.S. oil prices were ahead by more than 2.2% at 11:45 a.m. ET, with the NYMEX April West Texas Intermediate crude contract climbing $1.47 to 67.72/bbl and May prices moving $1.44 higher to $67.37/bbl.
The result? Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday. But don’t get ...
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...
Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the ...
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HOUSTON (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy ...
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