EIA

Oil prices continue trading near its 2017 lows but did bounce higher early Thursday morning. The price of U.S. crude futures gained around 25 cents a barrel to trade at $42.76, which still marks an approximate 20 percent decline since peaking in February. Here are two oil-related news reports of...

Oil prices fell to seven-month lows on Tuesday, with Brent Crude falling to $45.62 a barrel. Several oil ETFs were trading 3–7 percent lower in Tuesday’s pre-market session on the news, including United States Oil Fund LP (ETF) (NYSE: USO), which fell to its lowest since February 16,...

Bearish sentiment has taken hold of crude oil prices as various analysts and agencies have slashed their forecast for this year and next. On Wednesday, oil fell a little over 5 percent to a one-month low of $45.72, taking the year-to-date loss to 15 percent. However, there has been a recovery on...

The Organization of the Petroleum Exporting Countries extended a 2016 agreement which calls on most of its members and several non-members to collectively lower their oil output to help support oil prices. One week later, the price of oil is flirting with a multiweek low — causing some...

Data released by the U.S. Energy Information Administration indicated impressive growth in PV installs through November 2016. Despite this, growth in U.S. solar installations may actually be cooling, Axiom's Gordon L. Johnson said in a report. According to PVInsights data for this week, average...

Natural gas futures were lower despite bullish inventory data released on Thursday. Futures haven't budged much to the forecasts for colder weather either. Higher Than Expected Inventory Drawdown The Energy Information Administration said in its weekly natural gas storage report natural gas...

The price of oil rose Tuesday afternoon after the American Petroleum Institute's weekly data announcement showed an inventory draw of 3.8 million barrels, which came as a surprise as analysts were expecting a build of around 2.4 million barrels. On Wednesday, the Energy Information...

During Wednesday’s PreMarket Prep, Benzinga discussed weekly oil data with Garrett Cook. Cook first looked into American Petroleum Institute (API)’s information, which last published crude oil inventory data Tuesday evening. As per the numbers issued, crude inventories drew by 7.5...

Natural gas prices have plummeted to near all-time lows in the past year due to a huge oil and gas supply glut. However, according to Reuters' oil and gas analyst John Kemp, that same supply glut is masking a surge in U.S. gas demand. U.S. power producers burned a record amount of natural gas last...

In at least one segment of global energy demand, fossil fuel demand growth could peak by 2025. Tom Randall reports that Bloomberg New Energy Finance projects fossil fuel demand for electricity will finally hit its peak in another nine years. “You can’t fight the future,” the...

Oil prices are up sharply in Friday’s session as investors are displaying optimism about the reported 5-million-barrel drawdown in U.S. crude stockpiles last week. The EIA’s reported 5-million-barrel drawdown was much better than the 3.2 million barrel build that analysts had forecast....

The latest solar installation numbers indicate that 2016 could be a rough year for U.S. solar companies. Axiom analyst Gordon Johnson reported early PV pricing trends and installation rates are way off industry projections for the full year. The Energy Information Administration (EIA) just...

A recent survey indicates that Americans believe the Middle East supplies the majority of U.S. oil imports. In reality, Canada is by far the the country's largest supplier of foreign oil. Domestic and Western Hemisphere production combines to make up about 85 percent of U.S. oil...

Dennis Gartman says Goldman Sachs is "rather late" to the bearish party with its $20 oil call. Gartman added China will still be the largest contributor to crude demand, despite slowing growth. Dennis Gartman discussed in his daily publication (The Gartman Letter) that Goldman Sachs' bearish...