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Energy Information Administration

Energy Information Administration latest

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) has granted Nigeria a higher oil output target under an OPEC-led supply cut deal.
October 10th, 2019 - 06:57 GMT

Oil Prices Fall Amid No Significant Progress in US-China Trade Talks

Oil prices slid on Thursday as hopes faded for any significant progress in US-China trade talks that could dispel clouds over the global economy and gloom over prospects for weaker oil demand. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"aa92c4b5-e323-4726-95c3-90c8f68f5839","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cryptocurrencies by Market Capitalization"} Global benchmark Brent crude futures LCOc1 fell 26 cents, or 0.5%, to $58.05 a barrel by 0133 GMT, while US West Texas Intermediate crude CLc1 was at $52.38 per barrel, down 21 ...
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Oil Prices Increase as US Lowers Crude Production Estimates. (Shutterstock)
March 14th, 2019 - 08:27 GMT

Oil Prices Increase as US Lowers Crude Production Estimates

Oil prices continued to rise on Thursday, after a lower than expected rise in U.S. inventories and Saudi renewed commitment to curtail production. (File photo)
February 15th, 2018 - 10:48 GMT

Oil Prices Rise on Thursday on US Inventory Figures, Saudi Comments

Charred structures in the fire-damaged city of Fort McMurray, Alberta, Canada, (AFP/Jonathan Hayward)
May 17th, 2016 - 12:21 GMT

Oil companies struggle to resume operations as Canadian fires blaze on

Al Bawaba
June 7th, 2015 - 01:30 GMT

No surprises: OPEC unanimously resists pressure to reduce output at Vienna meeting

Al Bawaba
January 24th, 2015 - 03:28 GMT

Oil markets not in mourning: prices edge up above $50 over Saudi King's death

Al Bawaba
January 12th, 2015 - 03:02 GMT

Saudi Arabia and UAE can last a while: why there isn't really an end in sight to the oil price plunge

Al Bawaba
January 4th, 2015 - 04:05 GMT

It may be 2015, but oil prices are what they were during the Grand Recession: what will the new year hold for the ME's economies?


With $60 mark already there, some others too are now saying that $50 is in sight
December 14th, 2014 - 05:55 GMT

Oil markets downward spiral 'unbriddled'

Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 per cent fall since June.
December 4th, 2014 - 11:44 GMT

Oil steadies at around $70 dollars, further fall still possible

Al Bawaba
September 10th, 2014 - 02:39 GMT

Worried about a downslide? Saudi Arabia asks OPEC to cut oil output

Since the 70’s, crude oil is not allowed to be shipped outside the country, but that is about to change.
June 29th, 2014 - 07:13 GMT

Ready to compete and change the entire game? US to open the valve on blocked oil exports

OPEC’s report comes a day after the U.S. government’s Energy Information Administration raised its 2014 world oil demand growth forecast by a similar increment.
February 12th, 2014 - 05:12 GMT

Who will win and who will lose? OPEC raises 2014 oil demand forecast

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