U.S. crude output to rise 820,000 bpd in 2022 -EIA

Credit: REUTERS/NICK OXFORD

NEW YORK, April 12 (Reuters) - U.S. crude oil output is expected to rise 820,000 barrels per day to 12.01 million bpd in 2022, the government said in a monthly forecast on Tuesday.

U.S. crude output is expected to rise 940,000 bpd to 12.95 million bpd in 2023, according to the same monthly report from the Energy Information Administration. U.S. total petroleum consumption is due to rise 800,000 bpd to 20.58 million bpd in 2022.

(Reporting by Stephanie Kelly and Scott DiSavino)

((Stephanie.Kelly@thomsonreuters.com; 646-223-4471; Reuters Messaging: stephanie.kelly.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.