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US Energy Information Administration

US Energy Information Administration latest

Saudi Arabia crown prince Mohammed bin Salman. (AFP)
August 15th, 2018 - 08:25 GMT

Saudi Arabia Gears for a Future Without Oil

Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.
Read more
The price for crude oil stayed consistent despite pessimistic predictions. (AFP/File)
July 21st, 2015 - 02:09 GMT

Oil prices stay steady after dropping in July

Al Bawaba
April 1st, 2015 - 08:57 GMT

Saudi Arabia, Iraq key drivers: OPEC output at highest level since October

Al Bawaba
March 5th, 2015 - 12:44 GMT

Daesh torches oil field as Iraqi army pushes Mosul offensive forward

Chief executives say they are taken aback by the scale and speed of the cutbacks
February 25th, 2015 - 07:25 GMT

US shale goes on a 'crash diet'

Al Bawaba
January 29th, 2015 - 03:31 GMT

They really haven't hit a floor: oil falls to new six-year lows as US stockpiles more supplies

Al Bawaba
October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

 Global supply of crude oil and liquid fuel reached all-time highs of 92.6 million barrels per day in August. Stable oil producers.
September 30th, 2014 - 10:46 GMT

Oil prices at 2 year low and likely to remain there

For now, however, the US-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.
September 14th, 2014 - 03:55 GMT

The pendulum is swinging? Falling oil prices shifts energy balance in favor of the West

China has the most impressing record of sustained economic growth in the history, averaging more than 10 percent growth every year over the last three decades,
December 30th, 2013 - 02:39 GMT

China's energy consumption is projected to double by 2040, but who will win and who will lose?

There are fears of an impending oil glut in the market. (Image credit: Shutterstock)
December 29th, 2013 - 06:51 GMT

Iran's aggressive stance ruffles feathers at OPEC

Kuwaiti energy analyst Kamil Harami sees the harm of shale production coming sooner for oil-producing Gulf Arab nations, along with Iraq.
September 25th, 2013 - 12:41 GMT

Should the Gulf be freaked out by the US shale boom?

Al Bawaba
September 8th, 2013 - 09:47 GMT

Can opportunists thrive on oil price madness?

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