01.15.2025 By Tank Terminals - NEWS January 15, 2025 [Oil Price]- Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA predicted weaker oil prices this year and...
U.S. gasoline prices are largely tied to crude oil, and EIA expects significant price decreases at the pump compared with 2022. EIA forecasts U.S. gasoline prices to average around $3.30 per gallon in 2023 and $3.10 per gallon in 2024. “Lower crude oil prices are one reason we expect ...
What Really Caused The EIA Oil Draw? By Matt Smith - Mar 15, 2017, 12:40 PM CDT Crude prices are rebounding today, bouncing off the trampoline of price support at $48 for WTI and $50 for Brent. A surprise draw to U.S. crude inventories (not to some) has been behind the rally...
Market prices"If our base case crude oil price path holds - that is, easing a bit through the winter, rather than rising, as previously expected - then residential heating oil prices are expected to increase by about 18 c/gal over last winter's prices, compared to an anticipated 27 c/...
However, the rising consumption going into the summer, falling oil production in Russia, and the risk of supply outages amid low global inventory levels will support crude oil prices in the coming months, the report forecasted, adding that the release of strategic reserves by the United States ...
Southwestern Energy Plans Oil, NGL Growth as Gas Prices Slump Oil gets OPEC bounce OPEC and its allies surprised markets by announcingplans to cut oil production by another 1.2 million barrels per day(MMbbl/d) on April 2, pushing global crude prices higher. ...
U.S. LNG exports in EIA’s AEO2021 side cases vary with crude oil, natural gas prices 美国能源信息署(EIA)的《2021年年度能源展望》(AEO2021)预测,根据其公布的附带案例,到2050年,美国液化天然气(LNG)出口量将涵盖广泛的范围。...
“Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month,” the STEO added.
Crude oil prices were mixed prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a dip of 640,000 barrels in U.S. crude oil inventories. The Brent benchmark was trading slightly down, off 0.05% at $...
EIA increased its Brent crude oil price forecast for 2022 by nearly 11% in its February STEO update.“Petroleum production has been slow to catch up with consumption, which has prevented oil prices from moderating,” said EIA Acting Administrator Steve Nalley. “Market concerns about oil ...