EIA STEO Revises Its 2018 US U.S. Crude Oil Production

The EIA has adjusted downward its projections for U.S. crude
oil production growth in 2018, according to its most recent
Short-Term Energy Outlook (STEO) published on Tuesday, but the
agency still raised the total U.S. crude oil production expected
for 2018. The agency is now forecasting that U.S. crude oil output
will rise by 560,000 barrels per day in 2018, down from last
month’s projection of 570,000 barrels per day for 2018. 
Still, the EIA’s forecast for average U.S. crude oil production in
2018 has been revised upward, based…

The EIA has adjusted downward its projections for U.S. crude
oil production growth in 2018, according to its most recent
Short-Term Energy Outlook (STEO) published on Tuesday, but the
agency still raised the total U.S. crude oil production expected
for 2018. The agency is now forecasting that U.S. crude oil output
will rise by 560,000 barrels per day in 2018, down from last
month’s projection of 570,000 barrels per day for 2018. 
Still, the EIA’s forecast for average U.S. crude oil production in
2018 has been revised upward, based…