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Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing 1.8 million barrels in the week prior, according to new data from the U.S.

WTI slips toward $59.00 on Wednesday, declining 2.80% on the day. API data showed a build in US Crude stocks, while the Energy Information Administration reported a sharp drawdown. Upcoming US ...

In its latest short term energy outlook, the EIA raised its U.S. total energy consumption forecast for 2025 and 2026. In its latest short term energy outlook (STEO), which was released on October 7, ...

The U.S. Energy Information Administration (EIA) revealed its latest Brent spot price forecast for 2025 and 2026 in its September short term energy outlook (STEO), which was released on September 9.

Almost all of the new electric generation capacity added to the US grid in 2025 is emissions-free, with solar leading the way. The EIA has reported that the United States is projected to have a record ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...

Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on ...

In EIA’s latest monthly “Electric Power Monthly” report (with data through March 31, 2025), the data confirmed that solar continues to be the fastest-growing source of electricity. Utility-scale (>1 ...