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Links to previous press releases are below.

News X

US EIA Raises 2017 Production Forecast

Oil

US crude oil production is set to increase by 328K b/d y-o-y to a two-year high of 9.20M b/d, according to the US Energy Information Administration’s (EIA) latest Short-Term Energy Outlook. This is up from a February outlook of growth of 95K b/d. The projection for 2018 was marginally lowered to 9.73M b/d, which would still be up by 524K b/d y-o-y.