‹ Analysis & Projections

Short-Term Energy Outlook

Release Date: July 11, 2017  |  Next Release Date: August 8, 2017  |  Full Report    |   Text Only   |   All Tables   |   All Figures

Notable Forecast Changes

  • U.S. crude oil production is forecast to average 9.9 million b/d in 2018, which is 0.1 million b/d below last month's forecast. The lower crude oil production forecast for 2018 reflects lower forecast crude oil prices compared with last month's STEO.
  • EIA forecasts Brent crude oil prices to average $51/b in 2017 and $52/b in 2018. These prices are $2/b and $4/b lower, respectively, than forecast in last month's STEO.


Table: Changes in Forecast from Last Month

Forecast Change Tables (PDF)

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