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 a row, but gasoline and ...

US gas prices will fall to $3.20 per gallon this year and $3.00 per gallon in 2026, the EIA says. The agency says the global oil glut will expand in the next two years, putting downward pressure on ...

Crude oil holds steady as traders eye a 7M barrel inventory draw and Fed rate cut; rising U.S. production and weak demand keep oil outlook under pressure.

The Energy Information Administration’s (EIA) Crude Oil Inventories report revealed a larger-than-expected decline in the number of barrels of commercial crude oil held by US firms. The actual figure ...

Institutional oil market forecasts are agenda-driven; EIA's delayed surplus prediction is bullish for oil, despite market focus on bearish aspects. EIA's optimistic U.S. production growth may be ...

Crude oil futures edged higher Thursday as a big bullish draw in U.S. gasoline inventories offset a higher than expected build in crude stockpiles. U.S. gasoline stocks fell by 4.4M barrels last week, ...

In a report sent to Rigzone by the Macquarie team late Wednesday, Macquarie strategists looked at the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report. “This week, ...

In a report sent to Rigzone on Thursday by the Macquarie team, Macquarie strategists outlined that they “see potential for a U.S. crude stock draw” in the U.S. Energy Information Administration’s (EIA ...

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 ...

September WTI crude oil (CLU25) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude ...