U.S. crude production rose by 2% in 2024, mostly from Permian, EIA finds
U.S. crude oil production grew by 270,000 barrels per day (bpd) in 2024 to average 13.2 million bpd,…
US Oil Production to Peak in 2027, Natural Gas by 2032: EIA
The idea of peak oil is familiar to most readers. It refers to the point at which global…
EIA: US Crude Oil Inventories Climb 6.2 Million Barrels
By Julianne Geiger – Apr 02, 2025, 9:37 AM CDT Crude oil inventories in the United States saw…
Crude Oil Prices Rebound Amid Elevated Global Tensions Despite EIA, OPEC
usoil Skerdian Meta•Wednesday, April 2, 2025•2 min read Add an article to your Reading List Register now to…
Oil Prices Rise as the EIA Reports a Decline in Crude and Product Inventories
By Julianne Geiger – Mar 26, 2025, 9:55 AM CDT
U.S. crude oil inventories decreased by 3.3…
Crude Oil and US Gas Prices Rise This Week as Ukraine Conflict Persists
usoil Skerdian Meta•Thursday, March 27, 2025•2 min read Add an article to your Reading List Register now to…
EIA: Alaska crude oil production will grow in 2026 for the first time since 2017
In EIA’s March 2025 Short-Term Energy Outlook, it forecasted that crude oil production in Alaska will increase by…
Oil Prices Perk Up Despite US Crude Oil Inventory Build
By Julianne Geiger – Mar 19, 2025, 10:00 AM CDT Crude oil inventories in the United States saw…
Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws
By Julianne Geiger – Mar 12, 2025, 9:41 AM CDT Crude oil inventories in the United States saw…
Oil Prices Rebound on Resilient Demand Signals
Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports…
EIA boosts Henry Hub price forecast
This is 11 percent higher than in the previous forecast. EIA said below-normal temperatures in both January and…
U.S. Crude Stockpiles Climb as Oil Prices Tumble Below $70
By Julianne Geiger – Mar 05, 2025, 9:40 AM CST Crude oil inventories in the United States saw…