The U.S. Energy Information Administration forecast Brent crude oil spot price will average less that $60 per barrel during the fourth quarter.

July gas prices were down 2.2% from June, according to the Labor Department. Why prices could continue to slip in the months ...

The Energy Information Administration predicted in its monthly report on Tuesday that the U.S. crude oil production would reach a record ...

WTI barrel bids continued to churn on the low side of $64 on Tuesday. The EIA has forecast a continued climb in overall US Crude Oil production. The potential for a US-led Russia-Ukraine ceasefire is ...

Geopolitical talks and API/EIA data could steer natural gas and oil prices, with EMA resistance and key support levels ...

Crude oil futures continued lower amid market caution ahead of the Trump-Putin summit on Friday that could keep Russian barrels flowing, while higher OPEC+ output fed concerns of coming oversupply.

Oil prices dipped on Tuesday as traders began looking toward declining demand at the end of the summer driving season in ...

MOSCOW, August 12. /TASS/. The US Department of Energy has downgraded its outlook on the average price of the Brent crude oil for 2025 by 1.5% to $67.22 per barrel from $68.89 per barrel, according to ...

The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...

Based on increasing efficiency from US wells and accelerated production hikes from Opec+, the EIA believes Brent spot prices ...

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration (EIA) now forecasting prices to fall from $71 per barrel in July to an average ...