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Blogs by Kim McGinnis

OPEC+ Production Cuts: What Does it Mean for Oil Prices?
 March 28, 2024
 Energy Management 

Earlier this month OPEC+ announced it intends to continue production cuts through the second quarter of 2024. This announcement left forecasters at the EIA scrambling to adjust the Short-Term Energy Outlook stating, “We now forecast significantly less global oil production than world oil consumption through the first half of 2024, requiring draws on world petroleum stocks (inventory). Stock draws tend to increase oil prices.”

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Trivia Lovers: 4 Surprising Renewable Energy Facts
 September 26, 2023
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EIA Predicts Increased Electricity Consumption - Find Out What That Means for Oil, Natural Gas, Renewables and Coal
 May 25, 2023
 News & Events 
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EIA Predicts Oil Prices Will Fall in 2023-2024, 3 Factors to Consider
 January 27, 2023
 News & Events 
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