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February 25, 2026
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Downgrades

  • Economy

OPEC Downgrades 2025 Forecast For U.S. Oil

Kingsley Chukwu1 year ago01 mins

OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day. Now it expects an increase of 240,000 barrels per day to 13.47 million barrels per day, according to its new report released on Wednesday. According to the table for the report, the figure in 2024 averaged…

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