energy information administration

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.

Reuters · 1d

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.

MarketWatch · 1d

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.

Crude Oil Prices · 1d

Oil Prices Stable After Bearish EIA Report

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.

Reuters · 16h

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.

3don MSN

Texas is U.S. leader in renewable energy generation, says data

After a 2024 in which Texas made massive strides as a leader in renewable energy, a new report shows the state is charting ...

20h

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 ...

17h

How the US energy grid is straining from data centers, crypto mining goliaths

The United States is facing a major challenge in the not-too-distant future as big technology companies and cryptocurrency ...

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