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EIA OIL PREDICTIONS
Why are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Iran war, Strait of Hormuz disruption and falling oil stockpiles drive market- Gasoline Price jumps 50 per cent in US after Iran war. When will it go down?
- Oil market's watchmen at loggerheads on 2026 outlook
- Oil little changed as falling US stockpiles outweigh soft demand outlookBrent crude futures were up 2 cents to $79.94 a barrel by 0205 GMT, after dropping 1.4% in the previous session. U.S. West Texas Intermedia...15 Jan, 2025, 07.56 AM IST
- Oil prices fall on demand concerns after US stock buildOil prices fell on Thursday, as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global tra...21 Dec, 2023, 07.44 AM IST
- EIA: Crude prices likely to stay around $83 per barrel in 2024"We expect OPEC+ production cuts will offset lower global demand growth, prevent increases in global oil inventories, and keep Brent prices...14 Dec, 2023, 12.02 AM IST
- Oil prices dive on US crude build and China concernsBrent futures were down 70 cents at $80.48 a barrel by 1250 GMT. U.S. West Texas Intermediate crude (WTI) shed 65 cents to $76.01. Both ben...16 Nov, 2023, 09.43 PM IST
- Oil falls over 2% after Saudi pledge; investors keep wary eye on IsraelPrices settled slightly lower on Tuesday after Saudi Arabia said it was working with regional and international partners to prevent an esca...11 Oct, 2023, 10.02 PM IST
- Oil prices hover near 10-month high on supply concernsThe international benchmark Brent futures rose 8 cents, or 0.1%, to $92.14 a barrel by 0054 GMT, while U.S. West Texas Intermediate (WTI) c...13 Sep, 2023, 07.24 AM IST
- Oil steady as investors weigh supply and demand driversOil prices were barely changed in Asia trade as investors assessed the potential impact of Saudi output cuts against concerns over a global...08 Jun, 2023, 07.49 AM IST
- Oil edges up as market shrugs off US inventory surgeGLOBAL-OIL/Oil edges up as market shrugs off U.S. inventory surge16 Feb, 2023, 07.45 AM IST
- Less than half of projected U.S. renewable diesel output likely by 2025- studyBut Cerulogy estimated the projects are more likely to yield approximately 2 billion gallons of total renewable diesel production capacity ...18 Jan, 2022, 12.14 PM IST
- Oil eases on demand concerns after jump in U.S. stockpilesBrent crude futures slipped 18 cents, or 0.4 per cent, to $48.66 a barrel by 0450 GMT, having gained 5 cents the previous day.09 Dec, 2020, 10.44 AM IST
- Oil dips as US inventory build stokes supply fearsBrent crude futures fell 13 cents, or 0.3%, to $42.95 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 10 cen...08 Jul, 2020, 08.44 AM IST
- Crude oil outlook bearish, weak demand a big worryGlobal oil demand growth is still languishing and the market will be closely following Opec+.28 Jan, 2020, 08.31 PM IST
- View: Gloom over oil demand will only get worseMore output cuts, which seems unlikely, will do nothing to stimulate global oil demand.11 Aug, 2019, 04.48 PM IST
- US-China trade deal holds key to higher oil pricesMarch production figures mean Saudi would be voluntarily cutting output by more than 500,000 bpd below its pledged production level.21 Mar, 2019, 05.04 PM IST
- There’s no stopping oil rally if US & China manage to strike a dealFor this week, market participants will continue to monitor global crude oil supplies.20 Feb, 2019, 08.56 PM IST
- Oil prices rise to near $97 a barrel ahead of US fuel supply dataOil prices rose on Wednesday amid expectations a US government report will show crude oil stockpiles fell last week.09 Jan, 2008, 02.38 PM IST
- Oil up above $59Oil prices climbed back above $59 a barrel on Wednesday ahead of an expected sharp fall in weekly U.S. distillate stocks as a blast of cold...07 Feb, 2007, 10.00 AM IST
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