U.S. production growth to slow amid drilling decline, says EIA
Oil & Gas 360º
JULY 9, 2025
The number of drilled but uncompleted wells fell by seven to 5,291, the lowest among records dating back to the start of 2013. EIA expects significant global oil inventory builds will put consistent downward pressure on oil prices in the longer term, with Brent prices averaging $58 a barrel in 2026.
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