13 Dec 2017
US EIA cuts 2018 world oil demand growth forecast - Reuters
The US Energy Information Administration (EIA) trimmed it's 2018 world oil demand growth forecast by 40,000 barrels per day to 1.62 million barrels per day (bpd). In its monthly forecast, the agency raised the oil demand growth estimate for 2017 by 80,000 bpd to 1.39 million bpd.
- EIA: 2017 U.S. crude oil production to rise by 380,000 bpd (vs 370,000 bpd gain previously)