Short-Term Energy Outlook: November 2025

Published on November 12, 2025

The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy Outlook (STEO), providing forecasts for energy markets. This article presents the annual production outlooks for crude oil, natural gas, and natural gas liquids (NGLs), comparing the November 2025 projections against the previous month's estimates.

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