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.
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas ...
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 ...
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...
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