U.S. Energy Information Administration
U.S. Energy Information Administration Articles
Crude oil for May delivery rose about 2% following the weekly inventory report from the US Energy Information Administration. Inventories fell more than expected on crude oil, gasoline, and...
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U.S. stockpiles of natural gas rose by 2 billion cubic feet last week, less than an expected build of 10 billion cubic feet. The summer injection season, when stockpiles rise to meet expected winter...
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U.S. crude oil inventories unexpectedly rose by 1.3 million barrels last week. Also, U.S. oil and gas firms are increasing capital spending by 42% this year, according to a new report.
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U.S. natural gas inventories matched the expected drawdown for last week as the country nears the end of the winter heating season.
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The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.
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The U.S. onshore rig count rose by a total of 20 last week, with 21 new rigs drilling for oil. Saudi Arabia believes another six months of production cuts will be needed to rebalance the market but...
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U.S. natural gas in storage dropped by 150 billion cubic feet last week, in line with estimates. The price for April delivery slipped less than 1%.
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The U.S. commercial crude oil inventory added 5 million barrels last week to an already swelling storage total. Crude prices dropped on the news, but worse news may be yet to come for OPEC and others...
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The number of rigs drilling for oil rose by 14 last week even as crude prices remained depressed. Hedge funds made a big move back into short positions after several weeks of building up their long...
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U.S. natural gas stockpiles dropped by 53 billion cubic feet last week, slightly less than analysts had expected. Stockpiles are lower than last year at this time but remain above the five-year...
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The U.S. Energy Information Administration reported a drop of around half a million barrels in the country's crude oil inventories. Prices showed little change and held on to a gain of about 2%.
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Saudi Arabia's crude oil production rose above 10 million barrels a day again in February and U.S. production is rising as well. Analysts and traders are becoming cautious on projecting a rebalancing...
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U.S. natural gas inventories declined by a slightly larger-than-expected amount last week. With colder weather ahead, demand should prop up prices for the week ahead.
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The United States added more than 8 million barrels of crude oil to commercial inventories last week, while gasoline and distillate inventories dropped by more than 9 million barrels combined.
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The U.S. Energy Information Administration has increased its estimate of U.S. crude oil production for both this year and next by about 200,000 barrels a day.
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