Crude oil inventories increased last week by 6.4 million, exceeding expectations, as U.S. production hit a record high and ...

In its latest Short Term Energy Outlook, the EIA said Wednesday that it expects international benchmark Brent crude to average $55 a barrel in 2026, up from its previous forecast of $52 a barrel. The ...

U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces ...

At 427.6 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of year, the EIA report indicated.

December WTI crude oil (CLZ25 ) today is up +0.30 (+0.51%), and December RBOB gasoline (RBZ25 ) is up +0.0138 (+0.71%). Crude ...

While horizontal wells boost early production, their steep decline rates require ongoing drilling efforts, making the US ...

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 ...

Crude futures rebounded despite the EIA's weekly US inventory report showing a much higher than expected 6.4 million barrel build in crude stocks and smaller than expected draws in products.

December WTI crude oil (CLZ25 ) on Thursday closed up +0.20 (+0.34%), and December RBOB gasoline (RBZ25 ) closed up +0.0043 ...

The U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook. The U.S. Energy Information Administration (EIA) increased ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...

An oversupply of oil on global markets will continue to weigh on prices in 2026, according to the latest update from the U.S.