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US oil output to fall next year, EIA says

ReutersJun 10, 2025 4:31 PM

- U.S. crude oil production will fall next year to about 13.37 million barrels per day (bpd), from around 13.42 million barrels per day this year, the U.S. Energy Information Administration said in its monthly Short Term Energy Outlook report on Tuesday.

The forecast marks the first time that the U.S. Department of Energy's statistical arm has predicted a decline in U.S. crude oil output by next year, having previously forecast record output in both 2025 and 2026.

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