EIA expects new production milestones for US crude oil amid sustained global petroleum demand and rising prices
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AUGUST 9, 2023
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 —EIA Administrator Joe DeCarolis EIA also forecasts global liquid fuels production will increase by 1.4
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