U.S. Energy Information Administration (EIA) announced the US May EIA Annual Short-Term Outlook US Crude Oil Production Forecast on 2025-05-06. with the prior figure recorded as 1351million barrels per day.
Regarding the US May EIA Annual Short-Term Outlook US Crude Oil Production Forecast, The EIA's forecast for U.S. crude oil production in the short-term for the year refers to the behavior of the U.S. Energy Information Administration predicting and estimating the development trend of U.S. crude oil production in the near future based on collected data, market research, model analysis, and risk assessment methods. This forecast includes predictions of specific figures and growth trends of U.S. crude oil production for the year, which helps market participants, government decision-makers, and investors understand future crude oil market supply conditions and formulate corresponding strategies and decisions. The interpretation of the EIA's forecast is of significant importance for guiding the decisions of relevant parties, assessing market risks, and formulating policies.
This data holds an importance level of , calculated using The EIA will collect various data related to U.S. crude oil production, including domestic oilfield development, technological advancements, plans and investments of oil companies, policy changes, and other information. By researching and analyzing factors such as domestic and international crude oil market supply and demand, international geopolitical influences, and the global economic situation, it aims to understand the impact on U.S. crude oil production, and updates monthly.
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