EIA increases 2017 U.S. crude output forecast, lowers 2018 - Reuters

Key highlights from EIA's Short-Term Energy Outlook report, via Reuters:

• 2018 U.S. crude oil production to rise by 650,000 bpd (vs 680,000 bpd previously)
• 2017 U.S. crude oil production to rise by 440,000 bpd (vs 350,000 bpd previously)
• 2018 U.S. oil demand growth by 300,000 bpd (vs 340,000 bpd previously)
• 2017 U.S. oil demand growth by 290,000 bpd (vs 250,000 bpd previously)