EIA's Short-Term Energy Outlook forecasts WTI will average $52 in 2026 as low prices weigh down oil production.

EIA forecasts U.S. oil production to stay near 13.6M b/d in 2026, then fall 2% in 2027 as Permian growth stalls and WTI ...

In its latest short term energy outlook (STEO), which was released on January 13, the U.S. Energy Information Administration (EIA) projected that total U.S. crude oil production will drop in 2026 and ...

World petroleum and other liquid fuels production will outweigh consumption by 2.83 million barrels per day in 2026, ...

The outlook highlights a gradual increase in global oil inventories and a decline in Brent crude prices over the next 2 years ...

US crude output is flat in 2026 and falls in 2027 based on the current EIA estimate. WTI oil price annual average in 2026 is ...

The EIA projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest short term energy outlook. Image by Pakhomov ...

U.S. crude oil production likely will fall over the next year-and-a-half as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...

Global oil inventories are expected to rise through 2026, putting downward pressure on prices. China’s stockpiling has helped limit price declines, even as global supply increases. US crude oil ...

Alaska could see a boom in oil production next year, a sharp reversal for a state that has seen decades of declining production, according to the U.S. Energy Information Administration. EIA estimates ...

The U.S. Energy Information Administration predicts a sharp drop in benchmark crude oil prices in the fourth quarter as the Organization of the Petroleum Exporting Countries and its allies accelerate ...