14 Jan 2020 “We forecast U.S. crude oil production will reach new records in 2020 and 2021, driven primarily by higher production in the Permian region of 3 Feb 2020 According to the U.S. Energy Information Administration's (EIA) 2020 of tight oil and shale gas resources in the East and Southwest regions, 23 Jan 2020 EIA's U.S. crude oil production forecast is based on the West Texas Intermediate ( WTI) price forecast in the January 2020 STEO, which rises 6 Mar 2020 Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million historical high and low, short-term forecast and long-term prediction, economic of a 2.266 million gain, according to EIA Petroleum Status Report. EIA's Outlook: Natural Gas and Oil Remain Integral to U.S.. Mark Green Posted February 5, 2020. The federal government's latest energy projections are out,
6 days ago “We expect prices to rise in the second quarter of 2020 as natural gas US oil production, which EIA forecast last month would cross the 14 11 Mar 2020 The United States Energy Information Administration cut the forecast for 2020 world oil demand growth by 660000 barrels per day and 11 Mar 2020 U.S. crude oil production is expected to rise by 760,000 barrels per day (bpd) in 2020 to 12.99 million bpd, the EIA said, lowering its previous 2 days ago The U.S. Energy Information Agency (EIA) forecasts Brent crude oil prices will average US$43 per barrel (b) in 2020, down from an average of
Brent crude oil prices will average $61.25 per barrel in 2020 and $67.53 per barrel in 2021 according to the most recent forecast from the US Energy Information Administration's (EIA) monthly Short-Term Energy Outlook.This is a decrease from an average of $64.36 per barrel in 2019 and reflects a downward revision of $3.58 per barrel for 2020 compared to the previous estimate. EIA forecasts that the United States will be a net exporter of total crude oil and petroleum products by 0.8 million b/d in 2020 and by 1.4 million b/d in 2021. Global oil supply will rise by 1.6 million b/d in 2020 and global oil consumption will rise by 1.3 million b/d, the US EIA said in its January 2020 STEO, contributing to global oil inventories The EIA forecast output in 2020 will rise by 930,000 bpd to 13.38 million bpd, a bigger increase than it previously estimated. The latest forecast puts the United States on track to reach the The EIA forecast demand will average 100.3 mb/d in the first quarter of 2020. It will increase to 101 mb/d by the end of the year, and to 101.5 by the end of 2021. Commitments to stop climate change introduced more uncertainty into future oil demand.
11 Feb 2020 crude production is expected to rise by 960,000 bpd in 2020 to a record of 13.2 million bpd, below EIA's previous forecast for a rise of 1.06 million
14 Oct 2019 Beginning in January 2020, EIA forecasts that OPEC spare capacity will return above 2.0 million b/d. Crude oil prices increased sharply following