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US’s EIA Expects Lower Natural Gas Prices in 2020

JAKARTA (TheInsiderStories) - The United States (US) Energy Information Administration (EIA) forecasts that average US natural gas prices will be 9 percent lower in...

EIA Raises Crude Oil Output Growth and Price in 2020

JAKARTA (TheInsiderStories) - United States’ (US) Energy Information Administration (EIA) raised its forecasts for the country and global benchmark crude prices this year. The...

Indonesian Crude Price Rises to US$67.18 in December

JAKARTA (TheInsiderStories) - Indonesian crude prices (ICP) reached US$67.18 per barrel in December, increase $3.92 from $63.26 per barrel in the previous month, the...

Economic Impact of Rising Oil Prices on Asia-Pacific Economies

JAKARTA (TheInsiderStories) - The significant escalation in geopolitical tensions in the Middle East has already pushed up world crude oil prices sharply in the...

Asia Led World Energy Uses in 2050, Says EIA

JAKARTA (TheInsiderStories) - The Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50 percent within 2018 and 2050, led by...

Indonesian Crude Price Rises to US$61.32 in July

JAKARTA (TheInsiderStories) - Energy and Mineral Resources Ministry announced Indonesian Crude Price (ICP) has increased to US$61.32 per barrel in July, 0.32 percent higher...

US Natural Gas Stockpiles Decreased by 149 Bcf

JAKARTA (TheInsiderStories) - The United States (US) Energy Information Administration (EIA) reported Thursday that domestic supplies of natural gas fell by 149 billion cubic...