🔗 eia.gov/weekly

• Energy Information Administration

monthly influential If confirmed by the more widely followed Energy Information Administration report, this would be the biggest weekly gain since January 2023.

Short-Term Energy Outlook

Traders also treated the overall inventory buildup with some skepticism as the report’s adjustment factor, essentially its margin of error, rose to the highest since November.¹⁾

Der erheblich höhere Bestand an Ölprodukten spricht für eine künftig schwächere Nachfrage nach Rohöl.

The EIA released its latest Drilling Productivity Report yesterday in which it forecasts that US shale oil production will fall by 2k b/d MoM to 9.68m b/d in February, while shale gas production is forecast to fall 187mmcf/day to 98.89bcf/day.²⁾

https://www.eia.gov/petroleum/drilling/