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United States on track for record crude oil production in 2026

Source: U.S. Energy Information Administration

Energy Markets & PricesCommodities & Raw Materials

The latest Short-Term Energy Outlook forecasts U.S. crude oil production will average a record 13.8 million barrels per day in 2026, up from 13.7 million b/d in 2025. The 0.1 million b/d increase signals continued growth in U.S. supply, which could modestly weigh on crude-market balances and prices if demand does not keep pace.

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