The U.S. Energy Information Administration (EIA) cut its forecast for 2023 U.S. crude oil production by 50,000 barrels per day after the Organization of the Petroleum Exporting Countries (OPEC) and allies extended output cuts through 2024. Crude oil production is expected to rise 670,000 barrels per day (bpd) to 12.56 million bpd this year, less … Read more