EIA cuts oil production expectations for 2022
[ad_1] U.S. crude oil production this year will average 11.1 million bpd and hit 11.8 million bpd in 2022, the Energy Information Administration said in its latest short-term energy outlook, down from its previous predictions. The agency added that the most recent monthly production data, from May, showed a daily average of 11.2 million, which … Read more