{"id":613374,"date":"2026-04-29T13:53:45","date_gmt":"2026-04-29T13:53:45","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/613374\/"},"modified":"2026-04-29T13:53:45","modified_gmt":"2026-04-29T13:53:45","slug":"today-in-energy-u-s-energy-information-administration-eia-7","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/613374\/","title":{"rendered":"Today in Energy &#8211; U.S. Energy Information Administration (EIA)"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\tFilter by article type:&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\t\tIn-brief analysis&#13;\n\t\t\t\t\t\t<\/p>\n<p>&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\t\tIn-depth analysis&#13;\n\t\t\t\t\t\t<\/p>\n<p>&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 29, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.29\/main.svg\" alt=\"Alaska proved reserves\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Oil and gas producers operating in Alaska reported increases in proved reserves in 2024 at a time when low prices triggered a decrease in nationwide proved reserves, according to our recently released <a href=\"https:\/\/www.eia.gov\/naturalgas\/crudeoilreserves\/index.php\" rel=\"nofollow noopener\" target=\"_blank\">U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2024<\/a> report. Alaska\u2019s crude oil and lease condensate proved reserves increased 5%, and natural gas proved reserves increased nearly 7% in 2024.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67624\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 28, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.28\/main.svg\" alt=\"weekly average near-month international futures prices\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: Bloomberg, L.P.<br \/>Note: Weekly average is for the week running Monday\u2013Friday.&#13;<br \/>\n&#13;\n<\/p>\n<p>Prices for natural gas in Europe and Asia have diverged from those in the United States since the February 28 <a href=\"https:\/\/www.spglobal.com\/energy\/en\/news-research\/latest-news\/crude-oil\/022826-iran-claims-hormuz-is-shut-down-after-irgc-threat-to-shipping-tasnim\" rel=\"nofollow noopener\" target=\"_blank\">closure of the Strait of Hormuz<\/a>.    <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67604\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-depth analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 27, 2026<\/p>\n<p data-type=\"indepth\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.27\/main.svg\" alt=\"nameplate generating capacities of nuclear reactors\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Electric utilities in the United States currently operate about <a href=\"https:\/\/www.eia.gov\/nuclear\/generation\/\" rel=\"nofollow noopener\" target=\"_blank\">98 gigawatts<\/a> (GW) of nuclear generating capacity, but very little nuclear capacity has been built in the last few decades. High <a href=\"https:\/\/www.energy.gov\/ne\/articles\/advantages-and-challenges-nuclear-energy\" rel=\"nofollow noopener\" target=\"_blank\">capital costs and lengthy licensing and approval processes<\/a> have limited the expansion of nuclear power. However, several companies are developing new <a href=\"https:\/\/www.iaea.org\/newscenter\/news\/what-are-small-modular-reactors-smrs\" rel=\"nofollow noopener\" target=\"_blank\">small modular reactor<\/a> (SMR) designs aimed at <a href=\"https:\/\/www.energy.gov\/ne\/benefits-small-modular-reactors-smrs\" rel=\"nofollow noopener\" target=\"_blank\">reducing capital costs and increasing siting flexibility<\/a>, challenges associated with traditional nuclear power.    <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67584\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 24, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.24\/main.svg\" alt=\"dated brent spot price minus first-month Brent futures price\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: Intercontinental Exchange, Thomson Reuters&#13;<br \/>\n&#13;<br \/>\n&#13;\n<\/p>\n<p>The Dated Brent spot price increased to a premium of more than $25 per barrel (b) compared with the front-month Brent futures contract in early April. Brent crude oil price benchmarks are widely used by commodities traders, financial market participants, economists, and others to assess changes in global petroleum prices more broadly.    <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67544\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 23, 2026<\/p>\n<p> The article has been changed to reflect Corpus Christi and Corpus Christi Liquefaction Stage 3 as one terminal, reflecting the co-location of these projects, although having different liquefaction train technologies. <\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.23\/main.svg\" alt=\"U.S. liquefied natural gas facilities, existing and under construction\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: U.S. Energy Information Administration, <a href=\"https:\/\/www.eia.gov\/naturalgas\/data.php#imports\" rel=\"nofollow noopener\" target=\"_blank\">Liquefaction Capacity File<\/a>; trade press<br \/>Note: Bcf\/d=billion cubic feet per day; LNG=liquefied natural gas&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>On April 22, 2026, Golden Pass LNG\u2014the 9th liquefied natural gas (LNG) terminal in the United States\u2014<a href=\"https:\/\/www.goldenpasslng.com\/newsroom\/first-lng-export-cargo-departs-golden-pass-lng\" rel=\"nofollow noopener\" target=\"_blank\">shipped its first cargo<\/a> from Train 1, according to the project developer. The shipment left port 23 days after achieving <a href=\"https:\/\/www.goldenpasslng.com\/newsroom\/golden-pass-lng-marks-historic-milestone-with-first-lng-production\" rel=\"nofollow noopener\" target=\"_blank\">first LNG production<\/a> in March 2026. The terminal began shipping as geopolitical developments in the Strait of Hormuz have affected over 10 billion cubic feet per day (Bcf\/d), or <a href=\"https:\/\/www.eia.gov\/international\/analysis\/special-topics\/World_Oil_Transit_Chokepoints#:~:text=In%201H25%2C%2011.4%20Bcf\/d%2C%20or%20over%2020%25%20of%20global%20LNG%20trade%2C%20transited%20the%20Strait%20of%20Hormuz%2C%20primarily%20from%20Qatar%20(Table%203).%20China%20was%20the%20largest%20destination%20for%20LNG%20flows%20transiting%20Hormuz%2C%20with%20almost%20one%2Dthird%20of%20total%20LNG%20volumes%20destinated%20for%20China%20in%201H25%20passing%20through%20Hormuz.%C2%A0\" rel=\"nofollow noopener\" target=\"_blank\">approximately 20%<\/a>, of global supply. Golden Pass LNG is the only new U.S. LNG export terminal currently expected to begin LNG shipments in 2026.     <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67564\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 21, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.21\/main.svg\" alt=\"U.S. lower 48 states working natural gas inventories\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>We estimate the Lower 48 U.S. states began this natural gas injection season (April\u2013October) with 1,890 billion cubic feet (Bcf) of <a href=\"https:\/\/www.eia.gov\/tools\/glossary\/?id=working%20gas\" rel=\"nofollow noopener\" target=\"_blank\">working natural gas<\/a> in storage, based on interpolated data from our <a href=\"https:\/\/ir.eia.gov\/ngs\/ngs.html\" rel=\"nofollow noopener\" target=\"_blank\">Weekly Natural Gas Storage Report<\/a>. This level was 3% above the previous five-year (2021\u201325) average and 3% above last year\u2019s end-of-season storage volume.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67524\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 20, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.20\/main.svg\" alt=\"estimated strategic crude oil inventories in selected countries\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: U.S. Energy Information Administration, <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), March 2026<br \/>Note: Other estimates derived from the International Energy Agency, China National Bureau of Statistics, Vortexa Analytics, Kayrros, Kpler, Argus Media, and Global Trade Tracker.&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>In the 1970s, the United States and other OECD countries established strategic oil stocks aimed at mitigating the impact of supply disruptions. In March 2026, the United States, along with other members of the International Energy Agency, agreed to a <a href=\"https:\/\/www.iea.org\/news\/iea-confirms-member-country-contributions-to-collective-action-to-release-oil-stocks-in-response-to-middle-east-disruptions\" rel=\"nofollow noopener\" target=\"_blank\">coordinated emergency release<\/a> of strategic oil stocks following the effective closure of the Strait of Hormuz.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67504\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 16, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.16\/main.svg\" alt=\"U.S. natural trade\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In our latest <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to increase as five <a href=\"https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https%3A%2F%2Fwww.eia.gov%2Fnaturalgas%2Fimportsexports%2Fliquefactioncapacity%2FU.S.liquefactioncapacity_2025_Q4.xlsx&amp;wdOrigin=BROWSELINK\" rel=\"nofollow noopener\" target=\"_blank\">LNG export projects<\/a> start operations and ramp up production by the end of 2027. We also forecast increased natural gas pipeline exports, mainly to Mexico. In our forecast, net exports of U.S. natural gas (exports minus imports) grow 18% to 18.7 billion cubic feet per day (Bcf\/d) in 2026. In 2027, net exports increase another 10% to 20.5 Bcf\/d. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67484\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 15, 2026<\/p>\n<p>Repost corrects a labeling error on the map of the United States.   <\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.15\/main.svg\" alt=\"map of reid vapor pressure specifications for summer-grade gasoline by region\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: U.S. Environmental Protection Agency<br \/>Note: Map includes some partial counties and shows both required and Opt-In RFG areas. In California all counties implement a version of the California Reformulated Gasoline Program, not just those required by the Clean Air Act. Alaska, Hawaii, and U.S. territories are exempt from federal volatility regulations. RVP=Reid Vapor Pressure, RFG=Reformulated Gasoline, SIP=State Implementation Plan, AZ CBG=Arizona Cleaner Burning Gasoline, CA RFG=California Reformulated Gasoline&#13;<br \/>\n&#13;<br \/>\n&#13;\n<\/p>\n<p><a href=\"https:\/\/www.eia.gov\/energyexplained\/gasoline\/\" rel=\"nofollow noopener\" target=\"_blank\">Motor gasoline<\/a> in the United States is a blend of hydrocarbons and chemicals, with specific formulas varying by region and season. To meet federal air quality standards, the U.S. Environmental Protection Agency (EPA) and state regulators require different formulations, depending on air quality and location, which affect performance, cost, and emissions. In addition, warmer summer months require a different gasoline formulation than cooler winter months. Key differences between formulations include <a href=\"https:\/\/www.eia.gov\/energyexplained\/gasoline\/octane-in-depth.php\" rel=\"nofollow noopener\" target=\"_blank\">octane rating<\/a>, volatility\u2014commonly measured as <a href=\"https:\/\/www.eia.gov\/tools\/glossary\/index.php?id=Reid%20Vapor%20Pressure\" rel=\"nofollow noopener\" target=\"_blank\">Reid vapor pressure<\/a> (RVP)\u2014and emissions. This year, the <a href=\"https:\/\/www.epa.gov\/newsreleases\/epa-fortifies-domestic-fuel-supply-provides-americans-relief-pump-approving-nationwide\" rel=\"nofollow noopener\" target=\"_blank\">EPA will relax<\/a> federal enforcement of summer RVP standards to help reduce gasoline prices. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67464\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 14, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.14\/main.svg\" alt=\"U.S. hydropower generation\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In our April <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), we expect U.S. hydropower generation will increase by 5% in 2026 but remain 1.8% below the 10-year average following snow drought conditions in some states. Hydropower generation in 2025 increased to 245 billion kilowatthours (BkWh), about 4 BkWh more than the record-low generation year 2024. In 2026, we expect generation will be 259 BkWh, which would represent 6% of U.S. electricity generation. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67444\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 13, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.13\/main.svg\" alt=\"U.S. coal-fired generating capacity retirements\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>During 2025, the U.S. electric power sector retired 2.6 gigawatts (GW) of coal-fired generating capacity at four power plants, the least since 2010. At the beginning of 2025, coal plant operators had planned to retire 8.5 GW of capacity; however, 4.8 GW of planned retirements were delayed to a future year, and the operators of two coal plants (1.1 GW) cancelled plans to retire. In addition, the operators of 1.2 GW of capacity planned for retirement in 2027 cancelled their closure plans, and a facility slated to retire in 2026 has delayed its closure until 2029.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67427\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 10, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.10\/main.svg\" alt=\"U.S. motor gasoline consumption\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Annual motor gasoline consumption in the United States decreased in 2025 even as <a href=\"https:\/\/www.eia.gov\/tools\/glossary\/index.php?id=Vehicle%20miles%20traveled%20(VMT)\" rel=\"nofollow noopener\" target=\"_blank\">vehicle miles traveled<\/a> (VMT) increased because of increasing fuel efficiency, a trend we forecast will continue in 2026 and 2027. U.S. motor gasoline consumption averaged 8.9 million barrels per day (b\/d) in 2025, 1% less than 2024 and 4% less than pre-pandemic demand in 2019. In our April <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), we estimate that motor gasoline consumption will continue to decline as forecast fuel efficiency increases and VMT growth slows.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67426\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 8, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.08\/main.svg\" alt=\"U.S. dry natural gas production\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: U.S. Energy Information Administration, Annual Energy Outlook 2026, April 2026<br \/>Note: Combination case assumes repeal of U.S. Environmental Protection Agency (EPA) 111 rule and greenhouse gas tailpipe emissions rule.&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;\n<\/p>\n<p>In our Annual Energy Outlook 2026 (AEO2026), we project U.S. dry natural gas production, which accounted for 38% of total U.S. energy production in 2025, will increase significantly over the next several decades, meeting growing domestic and international natural gas demand.    <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67425\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 7, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.07\/main.svg\" alt=\"daily Brent and WTI crude oil futures prices, delivery dates aligned\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: CME Group, Bloomberg L.P.<br \/>Note: The Brent front month futures price <a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=24692#:~:text=Alignment%20of%20delivery%20dates%20is,relevant%20alignment%20of%20delivery%20dates.\" rel=\"nofollow noopener\" target=\"_blank\">typically aligns<\/a> with the WTI second month price; 1Q26=first quarter of 2026; WTI=West Texas Intermediate&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering crude oil prices, petroleum product prices, and refinery inputs.    <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67424\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tApr 6, 2026<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2026.04.06\/main.svg\" alt=\"U.S. crude oil imports from Middle East Gulf countries\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: U.S. Energy Information Administration, <a href=\"https:\/\/www.eia.gov\/petroleum\/imports\/companylevel\/\" rel=\"nofollow noopener\" target=\"_blank\">Company Level Imports<\/a><br \/>Note: Medium crude oil grades refer to crude oils with an API gravity between 22 degrees and 38 degrees, and sour refers to any crude oil with a sulfur content of 0.5% or greater; Middle East Gulf refers to imports from Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. &#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>In 2025, the United States imported an average of 490,000 barrels per day (b\/d) of crude oil from the Middle East Gulf region\u2014Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). Crude oil imports from the region are primarily medium sour grades of crude oil and flow mainly into the West Coast and Gulf Coast of the United States.       <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=67407\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Filter by article type:&#13; &#13; &#13; In-brief analysis&#13; &#13; &#13; &#13; In-depth analysis&#13; &#13; &#13; In-brief analysis&hellip;\n","protected":false},"author":2,"featured_media":613375,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":["post-613374","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/613374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=613374"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/613374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/613375"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=613374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=613374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=613374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}