Tag: Energy Information Administration

Energy, Industries

Crude Oil Price Rally Plays Out as China Eases Covid Controls. Will WTI Make a New High?

June 6, 2022

Via: DailyFX

Crude oil made a 2-month high today with the WTI futures contract trading as high as 120.99 US$ bbl and the Brent contract reaching US$ 121.95 bbl early in the Asian session. Both have since eased off more than a […]

Energy, Industries

U.S. oil down for 8th straight session as demand worries grow

October 3, 2019

Via: Market Watch

Oil futures drifted lower Thursday, with the U.S. benchmark on track for its eighth straight daily decline as worries over global demand persist. West Texas Intermediate crude for November delivery CLX19, -1.44% on the New York Mercantile Exchange were down […]

Energy, Industries

US shale oil will surge to nearly 7 million barrels a day next month: Dept. of Energy forecast

March 13, 2018


American shale drillers will take aim at the seven million barrels-per-day mark next month, as U.S. oil production continues to hit new record highs. Output from the nation’s shale oil regions is poised to grow by 131,000 barrels a day […]