US Oil Supply Downgrade Explained

US Oil Supply Downgrade Explained - Enverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its latest ...

Oil settles down 2% on weaker Chinese demand, uncertainty over ...

... U.S. Federal Reserve interest rate cuts ... The IEA forecasts global oil supply to exceed demand by more than 1 ...

Tight Oil Supply and US Production Downgrades Expected to Drive ...

The US, after a standout year of oil production in 2023, is expected to see a slowdown, with growth projections halving from 1 million to ...

Reducing US oil demand, not production, is the way forward for the ...

The United States is not the world's marginal producer of oil, meaning that eliminating a project in the United States will not meaningfully reduce global oil ...

Oil prices end higher after tapping a 2-week low | Morningstar

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the ...

Brent Oil Prices Steady Despite OPEC Demand Forecast Cut. Where ...

OPEC released its monthly report today which showed a fourth consecutive downgrade of its forecast for both 2024 and 2025. OPEC said world oil ...

IEA downgrades 2024 oil demand growth forecast as prices heat up

It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from ...

ANALYSIS: Major energy institutions downgrade oil demand ...

Platts Analytics believes US supply will start to turn higher by mid-2021. "Some small to large cap E&Ps are increasing drilling with higher oil ...

OPEC again cuts 2024, 2025 oil demand growth forecasts - Reuters

OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and other regions, ...

Short-Term Energy Outlook - EIA

The U.S. Bureau of Economic Analysis (BEA) released its annual update to the National Economic ... U.S. crude oil production million barrels per ...

Oil steadies as Supply Concerns Offset US Ratings Downgrade

Underlining tighter supply, U.S. crude inventories fell by 17 MMbbl last week, the largest drop in U.S. crude inventories according to records ...

What triggered the oil price plunge of 2014-2016 and why it failed to ...

The initial drop in oil prices from mid-2014 to early 2015 was primarily driven by supply factors, including booming U.S. oil production, ...

Oil pares losses on tight supply but cloudy demand caps gains

Oil prices inched higher on Wednesday underpinned by signs of near-term supply tightness but held near their lowest in two weeks, ...

Oil steady after drop on U.S. downgrade as supply concerns support

Oil prices were little changed on Thursday after a two-day decline, including a sharp drop on Wednesday, as the US government's credit downgrade weighed on ...

Return of Oil and Gas Dominance for U.S. Integrated Energy

Earlier this year, European oil majors BP and Shell announced that they would roll back their energy transition plans and keep oil and gas as relatively ...

Oil Market Report - May 2023 – Analysis - IEA

For 2023 as a whole, global oil supply expands by 1.2 mb/d, led by the United States and Brazil. Global crude throughputs reach an estimated ...

Oil trims losses on tight near-term supply - Construction World

In its monthly report, the Organization of Petroleum Exporting Countries (OPEC) said world oil demand would rise by 1.82 million barrels per day ...

Oil majors' credit ratings under threat from growing climate risks

S&P Global Ratings said Jan. 26 it is considering downgrading its credit ratings on a number of major oil and gas producers, including ExxonMobil, Shell and ...

U.S. Weekly Supply Estimates - EIA

Notes: Domestic crude oil production includes lease condensate and is estimated using a combination of short-term forecasts for the lower 48 states and the ...

Downgrade of the US credit rating by Fitch and impact on oil prices ...

U.S. crude oil also continues its losses today, and retreats to below $79 a barrel, at 7:45 am GMT. As for the Brent crude oil price, we ...