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EIA, Crude oil
US Crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA lifts natural-gas price forecast, expects global oil supply surplus this year
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, according to a monthly report released Tuesday.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
Brent crude jumps above $80 a barrel
Brent crude jumps above $80 a barrel as investors weigh Russia oil sanctions
Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the potential hit to supply from a further tightening of sanctions on Russia’s oil sector.
Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that would hit flows from Russia.
Brent crude pops above $81 on fresh U.S. sanctions against Russian oil
Crude oil prices surge as U.S. sanctions on Russian oil disrupt global supplies, driving Brent crude above $81/bbl to the highest in nearly five months.
Oil, sanctions
Oil Edges Higher Amid Uncertainty About Effect of U.S. Sanctions
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at $80.22 a barrel, while WTI was up 0.5% to $76.74 a barrel. Further gains are also being capped by reports of a potentially imminent cease-fire deal between Israel and Hamas.
Oil rises as traders assess sanctions impact
Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy companies and tankers carrying Russian oil. Brent
Oil gains capped by uncertainty over sanctions impact
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact. Brent crude futures rose 16 cents,
legit on MSN
29m
Marketers Increase Petrol Prices Amid High Crude Oil Prices Globally
Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...
21h
Oil prices slip on US energy demand forecast
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
4d
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
1d
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
4h
on MSN
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
اخبار 24
1d
Oil falls but Brent holds above $80
Oil
edged down today, Jan. 14, but remained near a four-month high after gains earlier in the week following fresh US ...
5d
Oil Price Update - Will Brent Break $80? Winter Demand, Offshore Drilling, And Technicals In Focus
Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...
7h
on MSN
Oil Prices Mixed on Falling U.S. Inventories, Potential Middle East Ceasefire
Oil prices were mixed after having firmed in morning trading in Asia, after U.S. crude inventories fell more than expected, ING said.
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