During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

According to its April STEO, the EIA now sees the Brent spot price averaging $67.87 per barrel ... of OPEC+ production in the coming quarters and lowered our expectation of oil demand growth ...

Crude oil prices ... %) at $62.54 per barrel. For total motor gasoline, the EIA estimated that inventories decreased by 4.5 million barrels for the week to April 18, with daily production ...

Crude oil prices ... $4 per barrel drop week over week. For total motor gasoline, the EIA estimated that inventories decreased by 4 million barrels for the week to April 25, with daily production ...

Despite the uncertain outlook, an announcement that OPEC+ would extend a 2.2 million barrel per ... price forecast it set in March to US$68 in April. The EIA foresees US and global oil production ...

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was ...

MODELS of oil barrels and a pump jack are displayed in this illustration photo taken on Feb. 24, 2022. — REUTERS NEW YORK — US oil production will peak at 14 million barrels per day in 2027 ...

About two weeks ago, the US Energy Information Administration ... price assumption of US$85 per barrel in 2024. Its analyst Ong Tze Hern said oil prices will stay resilient on the back of ...

Oil prices saw their biggest weekly drop since March as traders await the OPEC+ meeting, while natural gas futures surged on ...