EIA Expects 2025 Crude-Oil Prices to Retreat After a Strong Start
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces growth in oil demand," the EIA said Tuesday in its Short Term Energy Outlook.
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 ...
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage ...
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...
Bullish EIA data and weather-driven demand may retest last week’s $4.369 high. Bearish news risks breaking $4.053 support.
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’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
The U.S. Energy Information Administration published its first forecasts for energy production, consumption, and prices through 2026 in its ...
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...
West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...
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