EIA sees U.S. oil output slipping as prices and drilling slow

Jul 8, 2025 - 21:00
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EIA sees U.S. oil output slipping as prices and drilling slow
U.S. crude oil production is projected to decline slightly through the end of 2026, as falling prices and reduced drilling activity weigh on output, according to the U.S. Energy Information Administration’s (EIA) latest outlook.