The EIA's Short-Term Energy Outlook report projects U.S. crude oil production to increase by 60,000 barrels per day in 2026, up from a previous forecast of -80,000 barrels per day. It also projects U.S. crude oil production to increase by 450,000 bar

2026-05-13

The EIA's Short-Term Energy Outlook report projects U.S. crude oil production to increase by 60,000 barrels per day in 2026, up from a previous forecast of -80,000 barrels per day. It also projects U.S. crude oil production to increase by 450,000 barrels per day in 2027, up from a previous forecast of 440,000 barrels per day.