U.S. Oil Production to Decline

The U.S. Energy Administration forecasts a decline in oil production for 2026-2027 after a record 2025. Oil demand will remain stable this year.

The U.S. Energy Administration said on Tuesday that U.S. crude oil production will decline in 2026 and 2027 after reaching a record high in 2025, while oil demand will remain stable this year.

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