EIA increases global oil production forecast after the opening of the Strait of Hormuz

The U.S. Energy Information Administration published its July Short-Term Energy Outlook (STEO), increasing its expectations for global oil production.

First covered Jul 7, 2026 · 10:00 AM PT · 1 article · no longer in the live window

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81d EIA Press Releases EIA increases global oil production forecast after the opening of the Strait of Hormuz — The U.S. Energy Information Administration published its July Short-Term Energy Outlook (STEO), increasing its expectations for global oil production.

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eia.gov Short-Term Energy Outlook: Global oil markets

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eia.gov EIA Press Release (04/07/2026): Hormuz closure and related production outages are key drivers in EIA’s latest forecast

eia.gov International - U.S. Energy Information Administration (EIA)

eia.gov Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint - U.S. Energy Information Administration (EIA)

Appeared in: 2026-07-07 (#14) · 2026-07-08 (#12)

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EIA increases global oil production forecast after the opening of the Strait of Hormuz

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