US crude oil stocks excluding SPR fall to two-year low, EIA says
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2 million barrels to 412.7 million barrels in the week ending Jan. 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a 992,000-barrel draw.
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
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EIA: US oil production to grow through 2025, slow down in 2026The EIA predicts U.S. oil production will grow through 2025, with the Permian Basin leading, before slowing in 2026.
The Inner House of the Court of Session has refused an appeal against a lord ordinary’s decision to refuse to reduce a ...
Stocks for the week ended Jan. 10, were 3,115 Bcf vs. 3,373 Bcf for the week ended Jan. 3. Net change: -258 Bcf vs -40 Bcf ...
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...
API reports a 2.6M-barrel crude draw, lifting prices, but EIA’s bearish outlook looms as traders await the weekly inventories ...
Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...
The Energy Information Administration lifted its U.S. natural-gas price forecast for this year with growth in demand, led by liquified natural gas exports, expected to outpace production growth, ...
Bullish EIA data and weather-driven demand may retest last week’s $4.369 high. Bearish news risks breaking $4.053 support.
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