U.S. Energy Information Administration
U.S. Energy Information Administration Articles
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the EIA.
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U.S. crude oil stocks were up by about 1.0 million barrels in the past week, while consensus estimates had called for a drop of 800,000.
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The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). The agency lowered its average summer driving season price for a gallon...
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Horizontal drilling and fracking technology has improved a lot in the past few years, and that has driven production costs lower.
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U.S. natural gas stocks decreased by 6 billion cubic feet last week, when analysts were expecting a storage addition of around 2 billion cubic feet.
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U.S. commercial crude inventories increased by less than 1.5 million barrels last week, according to the U.S. Energy Information Administration.
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The U.S. Energy Information Administration reports that U.S. natural gas stocks increased less than analysts expected in the week ending July 22.
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The commercial crude inventory remains at historically high levels for this time of year, according to the EIA.
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In the week ended July 22, the number of rigs drilling for oil in the United States rose to 371, according to the latest Baker Hughes North American Rotary Rig Count.
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Overall demand for natural gas is expected to be high to very high next week as hot summer temperatures are expected to dominate weather in the Lower 48 states.
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U.S. commercial crude inventories decreased last week, according to the EIA, but remain at historically high levels for this time of year.
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Hedge funds have built a large long position in heating oil and a somewhat bearish view on gasoline, sending a strong message to refiners. And the refiners have begun to pay attention.
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A massive blanket of hot weather is forecast for most of the country beginning early next week. Demand for natural gas to fuel electricity generation is expected to be high next week.
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U.S. commercial crude inventories decreased last week, according to the U.S. Energy Information Administration, but they remain at historically high levels for this time of year.
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The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short-Term Energy Outlook.
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