EIA | November 2016 Short-term Energy Outlook Highlights

Posted on 03/09/2017 10:25 AM
The U.S. Energy Information Administration (EIA) released its November Short-term Energy Report (STEO) this week. The report raised U.S. crude oil production forecasts by 100,000 barrels per day (bpd) for both 2016 and 2017 to 8.8 million bpd and 8.7 million bpd respectively. This marks the second consecutive month of 100,000 bpd incre...