WTI crude oil consolidates near the long-term support zone, while natural gas pulls back after testing strong resistance at ...

Natural gas futures fall as traders watch EIA report for direction. Weak demand and mild weather add bearish pressure. Will ...

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 US Energy Information Administration (EIA) anticipates that the country’s crude oil and natural gas production will reach record levels this year, along with demand for natural gas and ...

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 ...

Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last month’s report.

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 ...

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.

The Energy Information Administration (EIA) has reported a rise in crude oil inventories held by US firms, according to the latest weekly data. The actual increase was 1.448 million barrels ...

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Crude oil and refined product contracts were seeing solid gains Wednesday afternoon following the release of bullish federal demand and inventory data. Prices are also being supported by weakness ...