OPEC has reduced the prediction for US oil and condensate production in 2025 by 50,000 barrels per day. According to a fresh estimate released on Wednesday, it now expects to expand by 240,000 barrels per day to 13.47 million barrels per day.
According to the report’s table, the figure for 2024 averaged 13.23 million barrels per day, 290,000 barrels per day greater than the previous year.
At the same time, OPEC predicts that in 2026, oil and condensate output in the United States would increase by 170,000 barrels per day in annual terms. The average daily production is projected to be 13.64 million barrels.
