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Forecast of oil production in the United States fell sharply

USA (bbabo.net), - The US Department of Energy lowered the forecast for oil production in the country (excluding other liquid hydrocarbons) for 2022 from 11.79 million barrels per day (b / d) to 11.75 million. Such information is contained in the Energy Information Administration (EIA) monthly forecast.

At the same time, it should be noted that the forecast indicator is 500,000 b/d higher than the result of 2021.

The agency also lowered its production forecast in 2023 by 270,000 b/d to 12.36 million b/d, but this figure could still be a record over the past few years.

Recall that the last average annual record of crude oil production in the United States was set in 2019 and amounted to 12.3 million bpd.

Forecast of oil production in the United States fell sharply