Bullish EIA data and weather-driven demand may retest last week’s $4.369 high. Bearish news risks breaking $4.053 support.
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage ...
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces ...
Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...
The U.S. Energy Information Administration published its first forecasts for energy production, consumption, and prices through 2026 in its ...
West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...