The US Energy Information Administration predicts that global oil production will reach 101.1 million barrels per day in 2026, compared to 100.6 million barrels per day; global oil production is expected to be 109.6 million barrels per day in 2027, compared with the previous forecast of 109.9 million barrels per day.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.