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EIA raises oil price, output expectations

EIA nudges up 2026 WTI outlook and sees a bigger 2025 U.S. oil output record, citing China stockpiling, Russia sanctions and ...
Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity ...
Crude oil prices fell as surging inventories, bearish supply forecasts, and muted demand overshadowed geopolitical risks and the end of the U.S. government shutdown.
The price of diesel and home heating fuel is up this morning. Diesel increases by over 3 and a half cents on the island and in Labrador West. Furnace and stove oil is up by over 3 cents per litre.
Oil prices edged up on Thursday, taking a break after major losses in the previous session, as investors weighed concerns ...
The debate between central heating vs electric heaters has been going on for years, and it's not likely to stop anytime soon.
Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...
U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces ...
The International Energy Agency says weak climate action and energy security fears are effectively delaying peak fossil fuel ...
For households not powered by electricity or natural gas, heating costs are expected to drop or remain steady this winter.
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh U.S. sanctions and ...
Shares of energy companies rose as traders rotated back into a beaten-down sector due to an improved demand outlook. Oil futures rose 0.6% to close above $60 per barrel in New York, as traders ...