The U.S. Energy Information Administration (EIA) projects U.S. crude oil production will peak around 14 million bpd in 2027.

U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, the Energy Information Administration said on Wednesday.

The energy sector moved 4.62% higher in Q1 2025 after rising 4.89% in 2024. Gasoline posted the most impressive gain as the ...

According to its April STEO, the EIA now sees the Brent spot price averaging $67.87 per barrel in 2025 and $61.48 per barrel in 2026. In its previous STEO, which was released in March, the EIA ...

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.

Crude oil futures turned lower after initially rising in post-settlement trading Wednesday as President Trump unveiled a sweeping plan for reciprocal tariffs on U.S. trading partners. The front ...

The seasonal pattern has experienced a zero daily drawdown during 5 of the past 15 years. The continuous weekly crude oil chart dates back to 2007. The blue line represents the net positions of ...

Last Wednesday's EIA report showed that (1) US crude oil inventories as of March 21 were -5.3% below the seasonal 5-year average, (2) gasoline inventories were +2.3% above the seasonal 5-year ...

Despite record U.S. crude oil production, limits to growth have started to emerge. In the Permian, the gas-to-oil ratio (GOR) has steadily risen from 34% of total production in 2014 to 40% in 2024.

The project is expected to be completed by April 2025. Shivam Verma Updated : Mar 31, 2025, 02:03 PM IST Oil and Natural Gas Corporation (ONGC) has confirmed the presence of crude oil in Ballia after ...

Oil Minister Hardeep Singh Puri raised hopes of a potential reduction in petrol and diesel prices — the first in a year — if global crude prices continue to remain subdued, reported TOI. Addressing a ...

Quite often, there is a bit of a seasonal trade in this ... and I don't see anything on this chart that would change that. Ready to trade daily crude oil price analysis? We've shortlisted the ...