In its latest Short Term Energy Outlook, the EIA raised its 2026 forecast for Brent crude to $96 a barrel from $79 a barrel ...

The EIA projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest short term energy outlook. Image by Pakhomov ...

(The Center Square) – Ten counties in the U.S. – in Texas and New Mexico – account for 93% of domestic oil production in the last four years as analyzed by the U.S. Energy Information Agency. They are ...

EIA forecasts that global oil inventory builds will average 3.1 million b/d in 2026, compared with an average build of 2.7 million b/d in 2025, before decreasing to average of 2.7 million b/d in 2027.

The U.S. Energy Information Administration (EIA) raised its outlook for oil and other fuel prices in the wake of ...

Brent spot prices averaged $103 per barrel in March, the EIA said in its latest Short-Term Energy Outlook. The average should ...

HOUSTON (Reuters) -U.S. crude oil production hit a record high in June, rising 133,000 barrels per day to 13.58 million bpd, according to data released by the Energy Information Administration as part ...

Crude oil production in Alaska is poised to rise to its highest level in nearly a decade, driven by strong performance from new North Slope projects, according to the US Energy Information ...

The EIA noted in its latest STEO that 'higher crude oil prices lead to more U.S. crude oil production' in its forecast. The U.S. Energy Information Administration (EIA) noted in its latest short term ...

The oil and gas industry has relied on horizontal wells to boost output even as they yield steep production declines. Horizontally drilled wells have driven U.S. oil and gas production to record ...

The Brent crude spot price is likely to average $115 per barrel in the second quarter as production cuts in the Middle East ...