Energy Information Administration

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Global Markets & Equities 16 Oct 2026, 11:32 AM IST

U.S. Crude Inventories Post Sharp Weekly Drop, Signaling Tighter Oil Balances

U.S. crude oil inventories fell by 8.6 million barrels in the latest weekly data, marking one of the steepest declines in months and reinforcing expectations that physical oil balances are tightening. The draw comes as refinery activity, exports and broader inventory reductions align, offering support to crude prices even as traders weigh demand durability and supply discipline.

By RDU Global Wire5 min read

Global Markets & Equities09 Oct 2026, 12:29 AM IST

U.S. Crude Stockpiles Fall as Exports and Refining Lift Demand Signals

U.S. crude oil inventories fell sharply in the latest week, according to the Energy Information Administration, underscoring firmer export demand and robust refinery activity. The draw was larger than market expectations and may reinforce support for oil prices even as traders continue to weigh broader macroeconomic risks.

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Global Markets & Equities08 Oct 2026, 01:48 PM IST

U.S. Crude Inventories Fall Sharply as Exports and Refining Lift Demand Signals

U.S. crude oil stockpiles fell by 3.2 million barrels in the latest week, according to the Energy Information Administration, far exceeding market expectations for a build of 1.9 million barrels. The decline points to firm export demand and resilient refining activity, offering near-term support to oil prices even as broader market sentiment remains sensitive to supply, demand, and macroeconomic risks.

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Macro Economy & Fiscal Policy07 Oct 2026, 06:54 PM IST

EIA Raises Oil Price Outlook as Iran War Tightens Global Supply

The U.S. Energy Information Administration has lifted its oil price forecasts, warning that tight inventories, weak diesel availability and persistent Middle East disruption risks are keeping global markets on edge. Brent crude is now projected to average $105 a barrel in the fourth quarter of 2026 and $84 in 2027, even as recovering Gulf exports and record U.S. output may ease some pressure next year.

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Macro Economy & Fiscal Policy07 Oct 2026, 07:49 AM IST

US EIA Lifts Brent Forecast to $98 as Iran War Tightens Global Oil Supplies

The US Energy Information Administration has raised its oil price outlook, warning that tighter global supplies and conflict-driven disruptions around Iran are keeping crude markets elevated. Brent is now projected to average about $98 a barrel in 2026, while diesel prices are expected to stay high before easing gradually in 2027.

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National Governance & Policy15 Oct 2026, 05:03 PM IST

INCOIS Director Elected to Chair UNESCO’s Indian Ocean Panel

The Director of India’s Indian National Centre for Ocean Information Services (INCOIS) has been elected Chair of UNESCO’s Indian Ocean panel, a significant appointment that strengthens India’s profile in regional ocean governance. The role places an Indian scientific institution at the centre of coordination on marine knowledge, disaster preparedness, and sustainable ocean policy across the Indian Ocean basin.

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Global Economy & Central Banks12 Oct 2026, 12:38 PM IST

Trump Says He Has Declared an 'Energy Ceasefire' Between Russia and Ukraine as Zelenskyy Awaits Details

U.S. President Donald Trump said he has established an “energy ceasefire” between Russia and Ukraine, a claim that immediately raised questions about its scope, durability and whether Moscow and Kyiv have formally accepted any such arrangement. Ukrainian President Volodymyr Zelenskyy said he is waiting for details from Washington, underscoring the uncertainty surrounding the announcement and its possible implications for energy infrastructure, wartime diplomacy and global markets.

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Global Markets & Equities11 Oct 2026, 01:43 AM IST

Trump Media Adviser Katie Zacharia Offered White House Press Secretary Role

The White House has tapped Katie Zacharia, a Trump Media adviser, to serve as its next press secretary, according to a White House official cited by CNBC. The move signals a continued preference for loyalist communicators with direct ties to the Trump orbit as the administration sharpens its messaging strategy on the economy, markets and central bank policy.

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Entities frequently referenced alongside Energy Information Administration:

Washington, D.C.(2)United States(2)Reuters(1)