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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.
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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 ...
Now imagine needing to switch to a different type of motor oil with each changing season. Again, this was necessary until Valvoline came up with all-climate motor oil. While its products ...
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 ...
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 ...