• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below.

News X

US Crude Output Outlook Edged Downwards For 2017, But Raised For 2018

Oil

US crude output in 2017 is forecast to grow by 100K b/d to 9.0M b/d, according to the US Energy Information Administration (EIA). This is 20K b/d lower than a January forecast. However, while the outlook for 2017 was trimmed, the EIA now expects 2018 y-o-y growth to average around 550K b/d, up by 250K b/d from January's estimate.