EIA projected that crude production will rise to 11.87 million barrels per day (bpd) in 2022, compared with its previous estimate of 11.83 million bpd.

Petroleum and other liquid fuels consumption would rise to 20.36 million bpd in 2022, lower than the prior forecast of 20.38 million bpd.

(Reporting by Arathy Somasekhar in Houston)