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US crude production to hit record high for fourth straight year in 2026, EIA says

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Summary

The US Energy Information Administration expects crude production to reach a record 13.9 million barrels per day in 2026, rising to 14.3 million bpd in 2027. Diesel and gasoline prices are also forecast to increase in 2027. Brent crude is projected to average $97 per barrel in 2026 before easing to $86 in 2027.

Description from Times of India.

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  1. Times of India Center Factuality: Mostly factual IN
    US crude production to hit record high for fourth straight year in 2026, EIA says

    The US Energy Information Administration expects crude production to reach a record 13.9 million barrels per day in 2026, rising to 14.3 million bpd in 2027. Diesel and gasoline prices are also forecast to increase in 2027. Brent crude is projected to average $97 per barrel...

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