EIA Expects 2025 Crude-Oil Prices to Retreat After a Strong Start
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces growth in oil demand," the EIA said Tuesday in its Short Term Energy Outlook.
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...
The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to ...
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