Energy Information Administration press releases

EIA increases global oil production forecast after the opening of the Strait of Hormuz

The U.S. Energy Information Administration published its July Short-Term Energy Outlook (STEO), increasing its expectations for global oil production.

EIA expects a drop in global oil demand will limit price increases from Hormuz disruptions

The U.S. Energy Information Administration published its June Short-Term Energy Outlook (STEO), reducing its expectation for global oil demand in 2026. High fuel prices, reduced fuel availability, and government initiatives are curbing oil consumption this year, particularly in Asia, resulting in the world consuming 1 million fewer barrels of oil each day on average than it did last year. The reduced demand could limit crude oil price increases resulting from near-term disruptions in the flow of oil out of the Middle East through the Strait of Hormuz.

EIA updates forecast amid continued Mideast disruption; will publish new energy security datasets

The U.S. Energy Information Administration published its May Short-Term Energy Outlook, reflecting a continued disruption to Middle Eastern oil flows.

EIA releases the Annual Energy Outlook 2026

The Annual Energy Outlook 2026 (AEO2026) explores medium- and long-term alternative futures in the United States through 2050. AEO2026 enables the public to explore a suite of alternative pathways for our energy future depending on assumptions made about markets, technological breakthroughs, and policy. It includes a narrative report, as well as the full set of data tables and visualizations, assumptions and methodologies, and detailed descriptions of the 11 cases we ran to explore these alternative futures.

Hormuz closure and related production outages are key drivers in EIA's latest forecast

The U.S. Energy Information Administration published its April Short Term Energy Outlook this week, examining the implications of the closure of the Strait of Hormuz.

EIA launches pilot survey on energy use at data centers

EIA is launching three voluntary pilot field studies to evaluate energy consumption in data centers, with web-based pilot surveys in Texas and Washington state as well as in-person interviews in Northern Virginia and Washington, DC.

EIA releases latest Short-Term Energy Outlook amid Middle East conflict

Crude oil price movements. The Brent crude oil spot price has risen sharply following the onset of military action in the Middle East. Brent settled at $94 per barrel (b) on March 9, up about 50% from the beginning of the year and the highest since September 2023. Crude oil prices have risen as petroleum shipments through the Strait of Hormuz have fallen, and some Middle East oil production has been shut in.

EIA raises natural gas price forecast following increased heating demand amid severe winter weather

Natural gas prices rose sharply in January, averaging $7.72 per million British thermal units (MMBtu), as cold weather increased heating demand, reduced production, and led to record storage withdrawals during Winter Storm Fern. The drawdown for the week ending January 30 was the largest weekly net withdrawal recorded in the history of EIA's Weekly Natural Gas Storage Report.

EIA forecasts strongest four-year growth in U.S. electricity demand since 2000, fueled by data centers

The U.S. Energy Information Administration (EIA) published its first energy-sector forecasts through 2027 in the January Short-Term Energy Outlook (STEO).