Us News U S Energy Information Administration Eia

The EIA thinks OPEC can pump more than anyone expected

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. Read More

EIA reports modest US crude draw after API surprise

Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing 1.8 million barrels in the week prior ... Read More

EIA: US Crude Inventories Sag As Oil Products Grow

Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a modest 600,000 barrels in the week prior ... Read More

US Natural Gas Output and Demand to Smash Records in 2025

The production of US natural gas and demand for it will both end the year at record highs, according to the US Energy Information Administration’s Short-Term Energy Outlook ... Read More

EIA Raises 2025 Henry Hub Price Forecast

In its latest short term energy outlook, the U.S. Energy Information Administration increased its Henry Hub spot price forecast for 2025. Read More

EIA: U.S. crude stocks fall, fuel inventories rise on robust refining

U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week amid strong refining activity, the Energy Information Administration said on Wednesday. Read More

Last year's hurricanes caused most hours of power outages in a decade

In a December brief, the U.S. Energy Information Administration reported that three storms drove 80% of power outages nationwide in 2024. Read More

Oil producers need to step up drilling to sustain output, EIA says

HOUSTON, Nov 5 (Reuters) - Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from existing wells, the U.S. Energy Information ... Read More