US Crude Output to Ease in 2026, While Demand Remains Flat, Says EIA Data

(Reuters) – U.S. crude production will ease in 2026 and 2027 after reaching a record high in 2025, while petroleum demand will hold steady this year, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected crude production will slide to 13.59 million barrels per day (bpd) … Read more