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Horizon Energy Digest
Your go-to source for the latest updates and insights in the energy sector.
EIA Raises 2027 U.S. Oil Output Forecast
The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2 million bpd in August and 14.0 million bpd in July.
OPEC Sees Oil Demand Growth Explode Sixfold in 2027
OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year.
Curious Minds Corner
What is the primary purpose of a blowout preventer?
To control and seal a well in case of an uncontrolled pressure surge.