EIA
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US net crude oil imports to fall by 20% in 2025 to lowest since 1971, EIA says
SHANA (Tehran) – US net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said, pointing to higher US production and lower refinery demand.
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U.S. crude output falls 6% in January due to severe cold, EIA says
U.S. crude oil production dropped in January to 12.5 million barrels per day (bpd), a 6% decline from December's record high, following freezing weather, data from the Energy Information Administration showed on Friday.
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Non-OPEC+ to lead 2024 oil production growth, offsetting output cuts – EIA
Near-term global oil and liquids production growth will be driven primarily by the U.S., Guyana, Canada, and Brazil, offsetting voluntary production cuts by OPEC+, the U.S. Energy Information Administration (EIA) forecast.
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U.S. oil output from top shale areas to fall for third straight month in October: EIA
U.S. oil output from top shale-producing regions is on track to fall for a third month in a row in October to the lowest level since May 2023, the U.S. Energy Information Administration (EIA) said in its monthly drilling productivity report on Monday.
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Global oil stockpiles to fall after Saudi output cut – EIA
Global oil inventories were expected to fall in the fourth quarter after Saudi Arabia extended output cuts this month, while U.S. crude production is forecast to rise more than previously thought, the Energy Information Administration said in a monthly report on Tuesday.
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China's yearly natural gas use logs first decline in over three decades, EIA says
China's natural gas consumption and LNG imports dropped in 2022 as a result of lower economic growth and higher gas prices, marking the first annual decline in consumption since 1990, the U.S. Energy Information Administration (EIA) said.
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OPEC's share of oil production growth to shrink this year: EIA
Non-OPEC countries will account for a higher percentage of oil production gains this year and next, a reversal of the last two years, the U.S. Energy Information Administration predicted.