U.S. Energy Information Administration

Due to a limited supply and unclear inventory, oil prices are rising

June 24, 2022 by Maryam nadeem

Oil prices rise as nations seek to address global crude oil and fuel supply tightness. OPEC+ agrees to boost output by 648,000 barrels a day in July and August. Official weekly estimates for U.S. oil inventories due on Thursday were delayed due to technical problems. Oil prices rose somewhat in early Asian exchange on Friday … Read more

U.S. petroleum data mixed last week: EIA

December 24, 2021 by Roman Ahmed

HOUSTON — U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending Dec. 17, 148,000 barrels per day more than the previous week’s average, according to a weekly report issued by the U.S. Energy Information Administration on Wednesday. Refineries operated at 89.6 percent of their operable capacity last week. Gasoline … Read more

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