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EIA predicts further drop in Russian crude output through 2023

Agency expects release of strategic oil reserves to limit upward price pressures

Rod Kuckro by Rod Kuckro
April 12, 2022
in Oil
Reading Time: 3 mins read
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In its April “Short-Term Energy Outlook” (STEO), the Energy Information Administration (EIA) lowered outlooks for both global oil production and consumption compared with its March forecast. Lower expected oil production is primarily driven by reduced expectations of petroleum production in Russia, while lower predicted consumption reflects reduced expectations of economic growth and associated fuels demand, as […]

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Effective July 1, 2022 Energy Policy News will be discontinued.

After a year of guiding readers to better understanding and awareness around the key policy issues that can make or break energy projects and growth initiatives, we made the difficult decision to shut down our publication.

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