OPEC Cuts Forecast for US Oil, Condensate Output in 2025 to 50,000 Bpd - Report

NAMPA / Sputnik

2025-08-12

MOSCOW, August 12 (RIA Novosti) - OPEC has downgraded the forecast for the US oil and condensate production growth in 2025 by 30,000 barrels per day to 50,000 barrels per day and expects an average of 13.26 million barrels per day, according to its new report released on Tuesday. Last month, the organization forecast that the indicator would increase this year by 80,000 barrels per day. At the same time, in 2026, according to OPEC's forecast,......

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