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EIA increases U.S. crude oil production forecast for 2019 and 2020

The U.S. Energy Information Administration (EIA) revises its U.S. crude oil production forecast in each monthly Short-Term Energy Outlook (STEO) based mainly on two factors: updates to EIA’s published historical data and EIA’s crude oil price forecast. In the November 2019 STEO, EIA increased its forecast of U.S. crude oil …read more

Source:: TODAY IN ENERGY