OVERVIEW: Oil prices are on track for a weekly decline, with Brent crude trading around $67 a barrel, while West Texas Intermediate is at $62 a barrel in afternoon European trading as investors ...

Crude futures moved lower as the market weighed unresolved U.S.-Iran tensions against bearish fundamentals such as Wednesday’s large U.S. crude stock build.

Crude oil stocks, not including the SPR, stood at 428.8 million barrels on February 6, according to the EIA's latest weekly ...

EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent ...

The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC ...

EIA projects WTI near $50 in 2026–27 as inventories rise and demand slows, with OPEC+ policy and China stockpiles limiting ...

At 428.8 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report indicated.

Back-to-back winter storms created major disruptions across much of the country and certain markets within the EIA February ...

The U.S. Energy Information Administration projected that the average Brent spot price will drop in 2026 and 2027.

Commercial crude oil inventories rose by 8.5 million barrels. They were expected to have fallen by 400,000 barrels.

Oil prices gained more than 2% on Wednesday (11 February), buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested ...

Crude oil inventories in the United States increased by 8.5 million barrels during the week ending February 6, according to ...