The EIA's Short-Term Energy Outlook report projects global oil production at 101.9 million barrels per day in 2026, up from the previous forecast of 99 million barrels per day; and projects production at 109.8 million barrels per day in 2027, up from

2026-07-08

The EIA's Short-Term Energy Outlook report projects global oil production at 101.9 million barrels per day in 2026, up from the previous forecast of 99 million barrels per day; and projects production at 109.8 million barrels per day in 2027, up from the previous forecast of 109.3 million barrels per day.