The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a dip of 2.8 million barrels in the week ending January 2. Crude oil inventories rose by 1.7 ...
Oil prices edged lower after the EIA reported a modest build in U.S. crude inventories alongside increases in gasoline and ...
Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. The internet is awash in skepticism about the supposed looming oil glut as ...
Global oil inventory builds are expected to exceed 2 million b/d in 2026, similar to this year's increases. Crude prices are expected to decline to around $55/bbl in early 2026, influenced by rising ...
Macquarie strategists, including Walt Chancellor, are forecasting that U.S. crude inventories will be down for the week ending August 22. Image by Arsgera via iStock In an oil and gas report sent to ...
Crude oil inventories in the United States decreased by 6.9 million barrels during the week ending October 24, after losing 1 million barrels in the week prior, according to new data from the U.S.
Crude oil stocks, not including the SPR, stood at 422.9 million barrels on December 26, the EIA's latest weekly petroleum ...
November WTI crude oil (CLX25) on Wednesday closed up +1.58 (+2.49%), and November RBOB gasoline (RBX25) closed up +0.0224 (+1.15%). Crude oil and gasoline prices rallied sharply on Wednesday for the ...
In EIA's latest Short-Term Energy Outlook, the agency projects Brent crude oil prices will decline to an average of $59/bbl in fourth-quarter 2025 from about $68/bbl in August, before falling further ...