Tag: EIA
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Uncertainties to remain in energy market due to COVID-19
The U.S. Energy Information Administration (EIA) on Tuesday forecast that uncertainties related to the COVID-19 pandemic will remain because the effects on energy markets...
U.S. crude oil production grows 11 percent in 2019
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day in 2019, or 11 percent more than 2018 levels,...
EIA revises down forecast for oil prices in 2020
The U.S. Energy Information Administration (EIA) on Tuesday forecast Brent crude oil spot prices would average 61 U.S. dollars per barrel in 2020, compared...
Crude oil prices head for large monthly loss
Both West Texas Intermediate (WTI) for March delivery and Brent crude for March delivery fell during the week, heading for big monthly loss on...
Oil prices decline as demand concerns persist
Oil prices fell on Friday as worries about potential softening demand for crude persisted, weighing on the market.
The West Texas Intermediate...
