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OilMonster
Crude Oil January 12, 2022 02:30:42 AM

U.S. Output to Top 12.4 Million bpd in 2023, EIA Says

Anil
Mathews
OilMonster Author
Total U.S. oil demand is expected to rise 330,000 bpd to 20.92 million barrels in 2023, the report said.
U.S. Output to Top 12.4 Million bpd in 2023, EIA Says

SEATTLE (Oil Monster): U.S. crude oil output is expected to rise 610,000 barrels per day to 12.41 million bpd in 2023, the government said in its first forecast for next year.

U.S. gasoline demand is expected to rise 90,000 bpd to 9.15 million bpd in 2023, according to the same monthly report from the Energy Information Administration. Total U.S. oil demand is expected to rise 330,000 bpd to 20.92 million barrels in 2023, the report said.

 Courtesy: www.reuters.com

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