The EIA reduced its 2025 oil demand growth forecast due to weaker economic projections in developed countries. This revision is expected to lead to lower Brent crude oil prices in 2025.
In its latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) has forecast that U.S. crude oil production will increase to 13.7 million barrels per day (b/d ...
The EIA reduced its U.S. crude oil production forecast for this year and next year in its latest short term energy outlook. In its latest short term energy outlook (STEO), which was released ...
Everyone is entitled to one good scare. The Energy Information Administration (EIA) came out with a spooky bullish weekly supply and demand report that could lead to spine chilling ...
NEW YORK, Oct 8 (Reuters) - Global and U.S. oil demand growth next year will not meet prior forecasts due to weakening economic activity in China and North America, the U.S. Energy Information ...
In its latest short term energy outlook (STEO), which was released this week, the U.S. Energy Information Administration (EIA) revealed its latest Brent oil price forecast for 2024 and 2025.
Oil prices stabilized in Asian markets as traders balanced geopolitical risks with bearish demand expectations. Despite a drop in the previous session due to potential ceasefire talks, uncertainty ...