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Jun 11, 2024 · We forecast that global oil inventories will begin increasing at an average of 0.4 million b/d in 2Q25 and will increase by 0.6 million b/d in the second half of 2025. As a result, we expect oil prices will increase to an average of $87/b in 4Q24 and $88/b in 1Q25. As global oil inventories rise during most of 2025, we forecast the Brent crude ...
- Data Series Changes
Release Date: Jun. 11, 2024 | Forecast Completed: Jun. 6,...
- U.S. Energy Information Administration
We estimate U.S. marketed natural gas production averaged...
- Short-Term Energy Outlook
Global oil markets; Petroleum products; Natural gas;...
- Prices
U.S. crude oil production grows in our forecast by 2% from...
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Energy Information Administration - EIA - Official Energy...
- Steo Release Schedule
The STEO is normally released between 12:00 pm (noon) and...
- Tables
Energy Information Administration - EIA - Official Energy...
- Figures
Release Date: Jun. 11, 2024 | Forecast Completed: Jun. 6,...
- Data Series Changes
2 days ago · In other parts of the world, namely Europe and North America, the growth in EV sales has had a negligible impact on oil demand, which, per the Energy Institute, fell by 1% in Europe and 0.8% in ...
Jun 20, 2024 · Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024) – with major processing by Our World in Data. “Oil price - Crude prices since 1861” [dataset]. Energy Institute, “Statistical Review of World Energy” [original data].
Jun 13, 2024 · The projected price is meant for 2024. Meanwhile, Goldman Sachs believes that the markets may not reach higher oil prices, and top a maximum of only $81 in the same time. Bank of America has analysts that believe a warmer than average start for a potential rally is predicted with $86 per barrel some time in 2024.
3 days ago · Futures prices Change from last 06/28/24 Week Year; Click to chart this series Crude oil: NA: NA no_change-arrow: NA no_change-arrow: Click to chart this series Gasoline: NA: NA no_change-arrow: NA no_change-arrow: Click to chart this series Heating oil: NA: NA no_change-arrow: NA no_change-arrow *Note: Crude oil price in dollars per barrel.
Jun 11, 2024 · Petroleum products. U.S. crude oil production We forecast U.S. crude oil production will grow by 2% in 2024 and average 13.2 million barrels per day (b/d) for the year and a further 4% in 2025. If our forecast is realized, U.S. crude oil production would set new annual records in both 2024 and 2025. In Table 4a of the June STEO, we introduce ...
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5 days ago · Rising demand for fuel helped lift prices for U.S. oil products by around 3% on Monday with diesel futures closing at their highest in 10 weeks and gasoline futures closing at their highest in ...
