EIA forecasts U.S. oil production to stay near 13.6M b/d in 2026, then fall 2% in 2027 as Permian growth stalls and WTI ...
It was also the first time since January 2024 that EIA's weekly implied demand number has been under 8 million b/d and was the lowest reading since the agency put reported consumption at 7.6 million b ...
Midland Reporter-Telegram on MSN

EIA: Low oil prices will weigh down production

EIA's Short-Term Energy Outlook forecasts WTI will average $52 in 2026 as low prices weigh down oil production.
Natural gas futures plunge 8.89% as warm weather destroys demand. EIA forecasts 2% decline in 2026 with storage surplus ...
In its January Short-Term Energy Outlook, the EIA forecast that US electricity use would grow by one percent this year and by ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Working gas in storage increased by +55 Bcf from the previous week. At current levels, stocks are +173 Bcf above the five-year ...
Utility-scale solar is set to meet rising data center demand in the United States as generation in Texas nearly doubles and ...
The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.
Institutional oil market forecasts are misaligned with on-the-ground fundamentals, with the EIA and IEA suppressing prices while OPEC inflates demand forecasts. The EIA's recent revisions indicate a ...
At 426.0 million bbl, US crude oil inventories are about 2% below the 5-year average for this time of year, the EIA report ...