U.S. Energy Information Administration (EIA)

News

U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the…

U.S. energy firms this week added oil rigs for the first time in four weeks even as the pace of growth in record crude output is…

Most traders are anticipating a cyclical acceleration in oil and energy consumption this year as the manufacturing and freight sectors…

The United States has only been exporting oil since early 2016, after a four-decade ban on crude shipments worldwide was lifted in…

The race is on now for 2020—production surplus is dueling with the drilling pace and making money.