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EIA, Gas prices and oil supply outpaces
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
EIA lifts natural-gas price forecast, expects global oil supply surplus this year
The Energy Information Administration lifted its U.S. natural-gas price forecast for this year with growth in demand, led by liquified natural gas exports, expected to outpace production growth, according to a monthly report released Tuesday.
Oil Eases
Oil prices slip on US energy demand forecast
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its forecast for supply. Declines were limited by new U.S. sanctions on Russian oil exports to India and China.
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil sector.
Oil Eases as Market Weighs U.S. Sanctions on Russia
Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.
2h
on MSN
Oil prices climb as traders weigh OPEC and IEA demand forecasts
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...
22h
Oil producers rush to hedge as US sanctions on Russia send prices higher
Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...
7h
on MSN
Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...
20h
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
Crude Oil Prices
1h
OPEC Projects Robust Oil Demand Growth For 2025 And 2026
OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...
Business Insider
1d
Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude
Oil
Oil
(WTI)
Price
Per 1 Ton 573.31 USD 1 Barrel = 42 Gallons
Oil
(WTI)
Price
Per 1 Gallon 1.86 USD 1 Barrel ≈ 158,98 Liters
Oil
(WTI)
Price
Per 1 Liter ...
Middle East Eye
1d
Price of oil rises in anticipation of Trump and 'maximum pressure campaign'
Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...
4d
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
2d
Our Top Oil Pick For 2025 Is Buying Back Shares
Africa Oil Corporation's strategic growth, solid cash flow projections, and shareholder-focused initiatives make it a top oil ...
1d
on MSN
Oil Prices Are on a Tear. It’s a Short-Term Headache for Inflation.
Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...
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