AZ

EIA forecasts rise in OPEC+ oil production through 2027

Production of oil and other liquid hydrocarbons by OPEC+ countries is expected to increase in the coming years, according to a new forecast by the U.S. Energy Information Administration (EIA). AzerNEWS reports that the EIA’s Short-Term Energy Outlook for March projects OPEC+ production to reach 43.91 million barrels per day in 2026, rising further to an average of...

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