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EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD).

StockNow breaking-news AI analysis

EIA lifted 2026 and 2027 crude price forecasts, projecting a 2026 global oil supply deficit of 2.0mln bpd alongside higher U.S. crude production estimates.

News detail

World Oil Production 2026: 100.6mln bpd (prev. 100.8mln bpd) 2027: 109.9mln bpd (prev. 109.7mln bpd) World Oil Demand 2026: 102.6mln bpd (prev. 102.7mln bpd) 2027: 105mln bpd (prev. 105mln bpd) U.S. Oil Production 2026: 13.83mln bpd (prev. 13.8mln bpd) 2027: 14.26mln bpd (prev. 14.15mln bpd) U.S. Oil Demand 2026: 20.6mln bpd (prev. 20.6mln bpd) 2027: 20.8mln bpd (prev. 20.8mln bpd) U.S. Natural Gas Production 2026: 111.7 bcf/d (prev. 111.2 bcf/d) 2027: 115.9 bcf/d (prev. 116 bcf/d) U.S. Natural Gas Demand 2026: 92.2 bcf/d (prev. 92 bcf/d) 2027: 94.3 bcf/d (prev. 94.8 bcf/d) WTI Crude Price Forecast 2026: USD 84.65/bbl (prev. USD 80.88/bbl) 2027: USD 69.74/bbl (prev. USD 65.39/bbl) Brent Crude Price Forecast 2026: USD 91.01/bbl (prev. USD 86.81/bbl) 2027: USD 73.74/bbl (prev. USD 69.39/bbl)

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