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EIA Raises 2027 U.S. Oil Demand Forecast to 20.8M Barrels Per Day, Up from Prior 20.7M

2026-07-07 16:07:15

According to the U.S. Energy Information Administration's short-term energy outlook, U.S. crude oil demand is projected at 20.7 million barrels per day (bpd) in 2026, unchanged from the prior forecast. For 2027, the EIA raised its demand estimate to 20.8 million bpd, up from the previously forecasted 20.7 million bpd.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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