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U.S. Energy Information Administration

U.S. Energy Information Administration latest

EIA expects crude oil prices to continue to rise in late 2019 and early 2020 because of an increase in refinery demand for light-sweet crude oil (Shutterstock)
January 17th, 2019 - 10:46 GMT

Brent Oil Estimated at $61 per Barrel in 2019

World benchmark Brent crude oil will average $61 per barrel in 2019 and $65 in 2020, according to the U.S. Energy Information Administration’s January Short-Term Energy Outlook released on Wednesday.
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Al Bawaba
February 19th, 2015 - 01:05 GMT

Jinxed much? Oil prices fall sharply again after US crude inventories rise

Al Bawaba
January 28th, 2015 - 09:47 GMT

Saudis have a lot on their mind nowadays, but oil will always be their biggest worries

 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

As Saudi Arabia’s influence over the Persian Gulf further erodes, the Kingdom must continue to invest in projects that diversify its revenues and resources.
February 17th, 2014 - 03:28 GMT

With Iran re-rentering the scene, should Saudi Arabia be waving goodbye to its reign over oil markets?

OPEC's report is the second of this month's trio of oil supply and demand forecasts to emerge
July 11th, 2013 - 11:55 GMT

OPEC to lose market share to shale oil in 2014

Iran's economy declines as sanctions bite
May 2nd, 2013 - 12:28 GMT

Sanctions hurting Iran's economy

Oil prices above Riyadh’s preferred $100 a barrel but with expectations of slower demand in early 2013
January 6th, 2013 - 11:09 GMT

OPEC output falls as sanctions hit Iranian oil output

Oil prices fell again on Wednesday as fears grow over the global economy
October 3rd, 2012 - 10:28 GMT

Oil prices crash as global economy takes another battering

Transportation will be the fastest growing oil consuming sector in the world
June 21st, 2012 - 09:54 GMT

Global oil consumption on a rise year-on-year

Al Bawaba
May 23rd, 2001 - 02:00 GMT

Mideast oil gains firm foothold on U.S. West Coast

Al Bawaba
April 1st, 2001 - 02:00 GMT

EIA Says World Oil Demand To Double By 2020

Al Bawaba
December 19th, 2000 - 02:00 GMT

Cairo Introduces Vehicle Emissions Testing, Clean-Fuel Buses ( From the 2000 Foreign Exchange, Chemonics\' international

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