The outlook highlights a gradual increase in global oil inventories and a decline in Brent crude prices over the next 2 years ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Natural gas futures hold steady today as traders await a key EIA report and monitor shifting U.S. weather forecasts. The market ...
The U.S. Energy Information Administration projected that the Brent spot average price will drop in 2026 and 2027 in its ...
The EIA attributed the expected slowdown in production to lower oil prices. It estimates Brent crude will average $56 a barrel this year, down from $69 a barrel in 2025. U.S. benchmark West Texas ...
May 7 (Reuters) - U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO ...
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says By Scott DiSavino August 12 (Reuters) -U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Natural gas futures drop after EIA reports a 12 Bcf draw — well below the 18 Bcf forecast, signaling weaker demand. Despite ...
Midland Reporter-Telegram on MSN

EIA expects US oil output to drop in 2026

The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.
Crude oil inventories in the United States increased by 3.5 million barrels during the week ending October 10, after gaining 3.7 million barrels in the week prior, according to new data from the U.S.