U.S. Energy Information Administration

U.S. Energy Information Administration Articles

The U.S. natural gas inventory rose last week, a startlingly unusual occurrence in the middle of winter. Prices dipped a bit on the report, but have already traded down more than 25% for the year to...
OPEC compliance with production cuts rose to 94% in February. That and a lower-than-expected addition to U.S. inventories boosted crude prices modestly Wednesday morning.
The U.S. oil rig count rose by five last week and crude prices rose by about 1% week over week. Hedge funds now hold long contracts on nearly half a billion barrels, a record level.
US crude oil inventories increased by 600,000 barrels last week, while gasoline stockpiles fell by 2.6 million barrels. Crude prices rose slightly on the report.
US natural gas inventories fell by 89 billion cubic feet, near the low end of the expected draw. Prices for April delivery are moving higher.
Smaller-than-expected demand for natural gas last week has sunk prices to a year-to-date low.
U.S. crude oil prices dropped below $53 barrel following a jump of more than 9 million barrels in the country's inventory, the highest total since records began being kept in 1982.
The US Energy Information Administration reported Monday that crude oil production in seven major onshore oil plays is set to rise by 80,000 barrels a day in March. Crude prices dropped nearly 2%.
Demand for natural gas is expected to be low over the course of the next week, following a surge as a strong storm rolls through the Great Lakes and East Coast.
US crude oil inventories grew by a massive 13.8 million barrels last week on lower refinery runs. Gasoline inventories fell, but lower refinery usage was likely the cause of this as well.
The U.S. rig count rose by 17 last week with all the new rigs added in the oil patch, according to the Baker Hughes North American Rotary Rig Count.
Natural gas inventory declined more than expected, well below the five-year average, and the inventory level now exceeds the five year average.
US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts.
US crude oil production rises 100,000 barrels a day, but remains about 500,000 barrels below year-ago levels.
U.S. natural gas stocks decreased more than expected for the week ending January 20, according to the U.S. Energy Information Administration.