‹ Analysis & Projections

Short-Term Energy Outlook

Release Date: June 6, 2017  |  Next Release Date: July 11, 2017  |  Full Report    |   Text Only   |   All Tables   |   All Figures

Notable Forecast Changes

  • OPEC crude oil production is expected to average 32.3 million b/d in 2017 and 32.8 million b/d in 2018, levels that are roughly 0.2 million b/d and 0.4 million b/d lower, respectively, compared with last month's STEO. The lower forecast takes into account OPEC's May 25 announcement regarding the extension of its production cuts.


Table: Changes in Forecast from Last Month

Forecast Change Tables (PDF)

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