Breaking: US Natural-Gas Soars with EIA Weekly Report, Includes Reclassified Stocks Surprise!
The Energy Information Administration (EIA) announced that US natural-gas supplies in storage rose by 104 billion cubic feet in the week ending June 2. While this figure exceeds expectations, some of the natural gas in storage has been reclassified, leading to a decrease of 14 billion cubic feet in working gas stocks the previous week […]
EIA Slashes Price Forecasts for WTI and Brent Oil: What Will it Mean for You?
The Energy Information Administration (EIA) recently released its monthly Short-Term Energy Outlook report, which included reduced forecasts for U.S. and global benchmark crude oil prices in 2023 and 2024. This downward revision comes as concerns about weakening global economic conditions, risks in the global banking sector, and persistent inflation continue to weigh on oil prices. […]
EIA Reveals Impressive Weekly Surge in US Natural-Gas Supply: Get the Scoop!
The U.S. Energy Information Administration reported that for the week ended April 21, domestic natural gas supplies rose by 79 billion cubic feet. Total working gas in storage for the latest week was at 2.009 trillion cubic feet, up 525 billion cubic feet from a year ago and 365 billion cubic feet above the five-year […]
EIA Reveals Surprising Surge in US Crude Supplies After 3 Week Drought – What’s Next?
The Energy Information Administration (EIA) reported that US commercial crude inventories rose by 600,000 barrels for the week ending April 7, following declines over the past two weeks. On average, analysts anticipated a climb of 700,000 barrels, according to a survey by S&P Global Commodity Insights. The EIA report released on Wednesday also showed weekly […]
“US Natural Gas Supply Dips, Yet Demand Soars: A Cleaner Energy Future Unfolds”
The U.S. Energy Information Administration (EIA) revealed Thursday that the nation’s natural gas stocks fell 23 billion cubic feet for the week ending March 31, 2021. This decrease aligns with the average decline of 24 billion cubic feet anticipated by analysts surveyed by commodities research firm S&P Global Commodity Insights. As of the most recent […]