EIA, oil prices

Strength, then oversupply? Parsing the latest EIA oil forecast
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that the balance of supply and demand will shift toward oversupply in the back half of the year and 2026.
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.
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 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.
EIA forecasts lower crude oil prices in 2025, 2026
Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, according to a report by the US Energy Information
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
EIA raises US oil production forecast for 2025, lowers 2024 estimate
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
EIA sees crude output increasing in 2025, 2026
The U.S. Energy Information Administration published its first forecasts for energy production, consumption, and prices through 2026 in its ...
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
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 ...
Oil News: Will EIA’s Oversupply Forecast Undermine Sanctions-Driven Optimism?
API reports a 2.6M-barrel crude draw, lifting prices, but EIA’s bearish outlook looms as traders await the weekly inventories ...
Anadolu Ajansi20h
US energy agency revises up crude oil price forecasts for 2025
As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas ...
US crude oil stocks excluding SPR fall to two-year low, EIA says
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) ...