A post by @FirstSquawk on X.
EIA SEES 2026 U.S. OIL OUTPUT OF 13.86 MLN BPD, VS PRIOR FORECAST 13.87 MLN BPD; SEES 2027 OUTPUT OF 14.3 MLN BPD (PVS 14.3 MLN BPD) || EIA SEES 2026 U.S. NATGAS OUTPUT OF 113 BCF/DAY, VS PRIOR FORECAST 112.2 BCF/D; SEES 2027 DEMAND OF…
@FirstSquawk on X
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The U.S. Energy Information Administration trimmed its 2026 domestic oil output forecast to 13.86 million barrels per day from 13.87 million bpd, while holding its 2027 projection at 14.3 million bpd. The agency also raised its 2026 natural gas output estimate to 113 billion cubic feet per day from 112.2 bcf/d and lifted its 2027 gas demand forecast to 117.6 bcf/d from 116.1 bcf/d. The revisions are marginal but signal steady supply growth alongside firming gas consumption. Traders will watch whether the higher demand outlook tightens balances and how upcoming monthly STEO updates revise the 2027 figures.
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Named in this story
U.S. Energy Information Administration, U.S. oil production, U.S. natural gas production