EIA forecasts 2023 global production of liquid fuels to exceed 101 MMb/d for first time
Green Car Congress
APRIL 13, 2023
This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. Despite OPEC+ announcing it would cut crude oil production by 1.2 Despite OPEC+ announcing it would cut crude oil production by 1.2 per gallon this summer, peaking between $3.60/gal gal and $3.70/gal gal in June.
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