WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.

The DUC charts and Drilled Wells charts are also updated to December 2025. The oil production for the 5 DPR regions tracked by the EIA’s STEO is shown above up to January 2025. Also the February ...

The U.S. Energy Information Administration raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook.

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Sun, 09 Mar 2025 03:00:38 GMT Oil News ... oil output to offset a drop in Russian production. The Wall Street Journal first broke the story on Tuesday. EIA Set to Release Weekly Inventories ...

Oil prices fell 1% due to geopolitical change and economic uncertainty. Diplomatic talks and sanctions relief could impact ...

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 ...

In EIA’s March 2025 Short-Term Energy Outlook, it forecasted that crude oil production in Alaska will increase by 16 000 bpd ...

Innovations in hydraulic fracturing and horizontal drilling have significantly boosted U.S. shale production. The Energy Information Administration (EIA) reported that U.S. crude oil production ...

According to its latest short term energy outlook, the EIA sees U.S. crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. Image by Pavel Muravev via ...