Distillate production also rose, climbing by 132,000 b/d to 4.944 million b/d, according to EIA. With distillate demand strong and refining margins high, refiners during the week produced about 11% ...

The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the growing impact of the Middle East conflict and the near sta ...

Oil prices topped $100 a barrel one week after the U.S.-Israeli strikes on Iran, which have threatened production and shipping across the Middle East. West Texas Intermediate (WTI), the primary ...

Tensions in the Middle East following U.S.-Israeli strikes in Iran have disrupted global oil and gas supplies and pushed up prices. This has raised questions about the amount of oil reserves the ...

Iran war may drive a 1B barrel oil deficit, fueling higher prices and weaker GDP. Read more macro analysis here.

Oil prices surged to the highest level since 2022 amid Iran war concerns, reaching $115 per barrel before falling more than 8 ...

The Energy Information Administration (EIA) released its latest report on natural gas storage, revealing a smaller-than-anticipated decrease in inventories. The actual drawdown in natural gas storage ...

Mark Rachal explains how the current conflict between the United States and Iran is impacting the global propane market.

Home heating costs surged more than 20 percent in several states since the Iran war began.

In a recent report from the Energy Information Administration (EIA), the Crude Oil Inventories in the United States have shown an unexpected increase. The latest data reveals that inventories have ...

Traders now have to worry about events over the weekend that could further increase prices while the market is closed.