EIA

  • OPEC Loses $76b for US Shale

    OPEC Loses $76b for US Shale

    Tuesday, 16th May 2017
    OPEC lost $76b in 2016 due to low oil prices caused by rising US oil production.
  • OPEC Revenues to Fall 15% in 2016

    OPEC Revenues to Fall 15% in 2016

    Sunday, 19th June 2016
    OPEC's 2016 oil export revenues will probably fall 15% to $341b, down for the third straight year and possibly the lowest in more than a decade.
  • US EIA Forecasts Gas Production Decline in 2016

    US EIA Forecasts Gas Production Decline in 2016

    Thursday, 11th February 2016
    The US Energy Information Administration (EIA) revealed its forecast for US domestic natural gas production in 2016, which is expected to mount to 79.69bcf/d, marking the sixth annual record high.
  • US Shale Oil Production Expected to Decline

    US Shale Oil Production Expected to Decline

    Tuesday, 8th December 2015
    U.S. shale oil production is expected to fall by above 600,000b/d in January as oil prices remain slashed to seven-year low, according to a U.S. government forecast.