EIA's Short-Term Energy Outlook forecasts WTI will average $52 in 2026 as low prices weigh down oil production.

Crude oil inventories in the United States increased by 3.4 million barrels during the week ending January 14, according to ...

The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.

The EIA attributed the expected slowdown in production to lower oil prices. It estimates Brent crude will average $56 a barrel this year, down from $69 a barrel in 2025. U.S. benchmark West Texas ...

The outlook highlights a gradual increase in global oil inventories and a decline in Brent crude prices over the next 2 years ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp ...

At 419.1 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...

The U.S. Energy Information Administration increased its estimates for U.S. crude oil production both this year and next after output exceeded 13.6 million barrels a day in July, a monthly record.

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

December WTI crude oil (CLZ25) on Wednesday closed down -0.96 (-1.59%), and December RBOB gasoline (RBZ25) closed down -0.0135 (-0.70%). Crude oil and gasoline prices gave up an early advance on ...

U.S. imported the least amount of crude oil last week in nearly five years, data from the Energy Information Administration showed, as companies looked to dodge a hefty year-end tax on oil held in ...