EIA Lowers 2026 Global Liquids Production Decline Forecast to 4.6M b/d

The EIA revised its 2026 global liquids production forecast, now projecting a decline of 4.6 million b/d to 101.69 million b/d. The revision suggests a less severe supply contraction than previously expected, likely due to updated OPEC+ or US output assumptions. This matters for oil price expectations and energy security planning.

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