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. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

API reports a 2.6M-barrel crude draw, lifting prices, but EIA’s bearish outlook looms as traders await the weekly inventories ...

"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 ...

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.

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...