EIA raises US oil production forecast for 2025
ReutersMar 11, 2025 4:39 PM
NEW YORK, March 11 (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
The agency said it now expects U.S. crude oil production to average 13.61 million barrels per day (bpd) in 2025, up from its prior estimate of 13.59 million bpd.
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