The U.S. Energy Information Administration (EIA) forecasts an increase in global oil production of 800,000 barrels per day in 2026, thanks to the prominent role of Argentina, Brazil, and Guyana: three non-OPEC countries that will contribute an average of 400,000 barrels per day.
This projection has…
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Energy Information Administration
U.S. crude oil reserves fell by 600,000 barrels
U.S. crude oil reserves experienced an unexpected decrease of 600,000 barrels, according to a report released last week by the Energy Information Administration.
This development contradicts the projections of experts in the field, who…
Venezuela is the sixth-largest oil exporter to the US
The Energy Information Administration (EIA) published recent data on its ranking of oil exporting countries to the United States, where Venezuela is ranked number 6.
According to this agency, crude oil exports from Venezuela to the United…