Global oil production set to outpace demand through 2026, US agency predicts

EIA forecast: Brent crude could fall 11% by 2026 to $66 per barrel

An array of pumpjacks operating oil and gas wells.
An array of pumpjacks operating oil and gas wells.Photo: AP/SCANPIX
Published 14 January 2025, 21:29Updated 15 January 2025, 07:39
Opec+EIAUS Energy Information AdministrationUnited StatesAmericas