EIA
EIA: Global Liquid Fuel Production to Fall to 101.09 Million Barrels per Day in 2026
The EIA expects global oil and other liquid fuel production to decline by 5.2 million barrels per day in 2026 to 101.09 million barrels. In 2027, output is projected to rise to 109.55 million barrels per day.
EIA: Global Oil Production to Fall 4.7% in 2026, Rise 8.1% in 2027
The U.S. Energy Information Administration forecasts global crude oil production will drop to 75.40 million barrels per day in 2026 and rise to 81.50 million barrels per day in 2027.
EIA Keeps Azerbaijan Oil Output Forecast for 2027
The U.S. Energy Information Administration expects Azerbaijan's oil production in 2027 to average 520,000 barrels per day.
EIA Forecasts Azerbaijan Oil Production at 520,000 bpd in 2027
The U.S. Energy Information Administration expects Azerbaijan's average daily oil production to reach 520,000 barrels in 2027.
US Energy Department Raises Brent Price Forecast for 2026 to $86.81
The US Energy Information Administration has raised its Brent oil price forecast for 2026 to $86.81 per barrel amid the renewed blockade of the Strait of Hormuz.
EIA Lowers Global Oil Demand Forecast for 2026, Raises 2027 Outlook
The U.S. Energy Information Administration has revised its global liquid fuels demand forecast downward for 2026 but raised it for 2027.
EIA Keeps Azerbaijan Oil Output Forecast for 2026 Unchanged
The U.S. Energy Information Administration (EIA) has maintained its forecast for Azerbaijan's oil production in 2026 at 550,000 barrels per day.
Opening of Hormuz Accelerates Oil Market Recovery
Global oil production and trade are gradually returning to pre-conflict trajectory. According to the U.S. Energy Information Administration (EIA), global production will recover to previous levels by the end of 2026, with final alignment in Q1 2027.