The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. The STEO forecast for annual average output in 2024 looks reasonable, but the nearly 2 million barrel per ...
OPEC crude output was revised higher in May 2023 by 34 kb/d compared to last month’s report and April 2023 OPEC crude output was revised higher by 1 kb/d. Preliminary data indicates that global ...