EIA Short Term Energy Outlook: Lower Global Oil Production Forecast – Analysis
Global oil markets. As a result of OPEC+ extending crude oil production cuts, we have reduced our forecast for global oil production growth
Read moreGlobal oil markets. As a result of OPEC+ extending crude oil production cuts, we have reduced our forecast for global oil production growth
Read moreIraq (Federal Iraq and Kurdistan Regional Government) is the second-largest crude oil producer in OPEC after Saudi Arabia and the sixth-largest total
Read moreSeveral factors have severely hampered Venezuela’s energy sector, most notably government mismanagement, international sanctions, and the country’s economic crisis. These
Read moreCrude oil production in the United States reached a record high in August 2023, led primarily by more production in
Read moreRussia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia
Read moreBrazil’s energy mix is diverse; hydropower, fossil fuels, biofuels, wind energy, and solar power all make significant contributions. Brazil’s total
Read moreChina was the most populous country in 2022. However, with a declining population for the first time since 1961, India’s
Read moreRelatively full natural gas inventories in the United States and Europe as well as expanded global export and import capacity
Read moreRelatively full natural gas inventories in the United States and Europe as well as expanded global export and import capacity
Read moreSaudi Arabia was the world’s third-highest crude oil and condensate producer, the world’s top crude oil exporter, and OPEC’s top
Read more