The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...

Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S.

U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid ...

India has emerged as the leading source of growth in global oil consumption, the US Energy Information Administration said on ...

At 06:40 ET (11:40 GMT), the DAX index in... Oil prices prices rise after IEA report; EIA data due By Investing.com - 16 minutes ago Investing.com-- Oil prices rose Thursday, rebounding after ...

This growth is below the pre-pandemic 10-year average of 1.5 million b/d of annual growth ... s military response did not target Iran’s oil infrastructure. Despite the drop in oil prices in late ...

Phillips 66 stopped its petroleum refining operations at a facility in February, though that isn’t reflected in annual data ...

Investors and traders were closely analyzing the situation in China, as weak economic data had previously dampened the oil prices ... which the Energy Information Administration (EIA) reported ...

He was not alone, with many arguing at that time that $100 was the new floor price for oil for just that reason. A survey of forecasts by the EIA published in its 2014 Annual Energy Outlook showed ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

If this trend continues for the remainder of 2024, it would mark the first annual decrease since the US Energy Information Administration ... natural gas prices are the primary driver of drilling ...