Energy Information Administration under the US Ministry of Energy has changed its outlook on daily crude oil production in OPEC countries for 2023 in the direction of a decrease, APA-Economics reports citing EIA.
Daily average oil production in OPEC countries is forecasted to be 28,99 mln. barrels next year, which is 0.05 mln. barrels less than the previous forecast.
According to the report, the daily average oil production in OPEC countries this year will be 28,61 mln. barrels. It is 0.14 mln. barrels more than the previous forecast.