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Energy Information Administration News

29 Jul 2016

Oil prices decline on glut worries

Oil prices extended losses on Thursday after data showed US crude stockpiles gained unexpectedly, deepening market concerns on oversupply.

31 Aug 2015

Oil jumps 8 percent, biggest three-day surge since 1990

Oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of US crude production data and OPEC`s readiness to talk with other producers helped extend the biggest three-day price surge in 25 years.

05 May 2015

Brent crude slips towards $66 on Saudi plan to halt Yemen bombing

Brent crude oil futures slipped by 8 cents to $66.37 a barrel by 0215 GMT, after touching a 2015 high of $67.10 on Monday.

American Petroleum Institute

24 Mar 2015

Oil rebounds above $56 as weaker dollar overshadows China slowdown

Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

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