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Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...
Short-Term Energy Outlook (STEO) raised its 2025 Brent forecast by $3 to $69/bbl, citing a spike in geopolitical risk from the mid-June Iran nuclear conflict ...
The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...
As a result, the EIA projects US crude oil production will decline from an all-time ... As the US approaches the winter ...
In the past two years, without much notice, solar power has begun to truly transform the world’s energy system.
Energy Information Administration's monthly report on Tuesday predicted that the U.S. would produce less oil by 2025 than originally ...
U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on ...
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...
Brent crude hovered around $70 a barrel, but uncertainty surrounding Trump’s tariff agenda and its impact on demand continued to cloud the outlook.
Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products.
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