The U.S. Energy Information Administration (EIA), under the Department of Energy, has released its forecast for global daily production of oil and other liquid hydrocarbons for 2027, APA-Economics reports, citing the EIA’s monthly report.
Global daily production of liquid hydrocarbons in 2027 is expected to average 108.18 million barrels, which is 0.53 million barrels higher than the forecast for 2026.
At the same time, the EIA has revised its forecast for global daily production of liquid hydrocarbons in 2026. Under the updated forecast, global daily output this year is expected to average 107.65 million barrels, 0.22 million barrels higher than the previous estimate.
It is noted that in 2025, global daily production of liquid hydrocarbons averaged 106.28 million barrels, representing an increase of 3.11 million barrels compared with 2024 (103.17 million barrels).
For reference, global daily production of liquid hydrocarbons averaged 102.02 million barrels in 2023.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
