Energy, Oil & Gas

US crude oil production will average 13.5 mmb/d in 2025, 2026: EIA

The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million barrels per day (mmb/d) in both 2025 and 2026, both slightly higher than the agency’s September forecast....