00:13:02
McCarthy, Speaker of the US House of Representatives: opposes extending the debt ceiling until September 30, the end of the fiscal year.
00:11:37
Pakistan Telecom official: Pakistan suspends mobile data services.
00:09:52
Fed Williams: Rate hikes will take time to bring the economy back into balance.
00:08:11
U.S. and Bursa oil prices rose by nearly $0.8 in the short-term, and are now at $72.31/barrel and $76.01/barrel respectively, after the EIA raised its forecast for the growth rate of crude oil demand this year.
00:06:28
Fed Williams said it would monitor the "overall picture of all data".
00:06:14
Fed Williams: It is expected that the US economy will grow moderately this year.
00:05:52
Fed Williams: Confident the Fed is on the path to restoring price stability.
00:05:27
Fed Williams: Assessing credit conditions and their impact on the economy.
00:04:17
EIA Short-Term Energy Outlook Report: It is expected that the growth rate of US crude oil demand in 2023 will be 190,000 barrels per day, up from 80,000 barrels per day previously. It is expected that the growth rate of US crude oil demand in 2024 will be 330,000 barrels per day, which was 330,000 barrels per day before.
00:04:06
EIA Short-Term Energy Outlook Report: Natural gas prices are expected to be $2.91/MMBtu in 2023, compared to the previous forecast of $2.94/MMBtu. Natural gas prices are expected to be $3.72/MMBtu in 2024, compared to the previous forecast of $3.71/MMBtu.
00:03:59
EIA short-term energy outlook report: U.S. crude oil production is expected to increase by 640,000 barrels per day in 2023, up from 660,000 barrels per day previously. U.S. crude oil production is expected to rise by 160,000 barrels per day in 2024, up from 210,000 barrels per day previously.
00:03:53
EIA Short-Term Energy Outlook Report: It is estimated that the production of natural gas (dry gas) in the United States in 2023 will be 101.090 billion cubic feet per day, which was previously expected to be 100.870 billion cubic feet per day. U.S. natural gas (dry gas) production is expected to be 101.240 billion cubic feet per day in 2024, compared to the previous estimate of 101.580 billion cubic feet per day.
00:03:46
EIA short-term energy outlook report: U.S. crude oil production is expected to be 12.53 million barrels per day in 2023, up from 12.54 million barrels per day previously. U.S. crude oil production is expected to be 12.69 million barrels per day in 2024, up from 12.75 million barrels per day previously.
00:03:36
EIA Short-Term Energy Outlook Report: The US natural gas consumption is expected to be 87.540 billion cubic feet per day in 2023, compared with the previous estimate of 87.370 billion cubic feet per day. U.S. natural gas consumption is expected to be 86.050 billion cubic feet per day in 2024, compared with the previous estimate of 86.120 billion cubic feet per day.
00:03:28
EIA short-term energy outlook report: Brent price is expected to be US$78.65/barrel in 2023, which was previously expected to be US$85.01/barrel. The Brent price is expected to be US$74.47/barrel in 2024, compared with the previous forecast of US$81.21/barrel.
00:03:11
EIA short-term energy outlook report: WTI crude oil price is expected to be US$73.62/barrel in 2023, which was previously expected to be US$79.24/barrel. The WTI crude oil price is expected to be $69.47/barrel in 2024, compared with the previous forecast of $75.21/barrel.
00:02:48
EIA short-term energy outlook report: The growth rate of global crude oil demand in 2024 is expected to be 1.72 million barrels per day, which was previously expected to be 1.85 million barrels per day.
00:02:15
EIA short-term energy outlook report: The growth rate of global crude oil demand in 2023 is expected to be 1.56 million barrels per day, which was previously expected to be 1.44 million barrels per day.
00:01:18
The U.S. EIA short-term outlook for the year in May shows that U.S. crude oil production is expected to be 12.53 million barrels per day, compared with the previous value of 12.54 million barrels per day.
00:01:17
In May, the U.S. EIA estimated natural gas production in the next year to be 101.24 billion cubic feet per day, compared with the previous value of 101.58 billion cubic feet per day.