EIA adjusts forecast for U.S. oil production as producers set a record in July 2025
Thursday, October 9, 2025 • 12 PM
The U.S. Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that U.S. crude oil production will average 13.5 million barrels per day in both 2025 and 2026, both slightly higher than the agency’s September forecast.
