US CRUDE OUTPUT TO FALL LESS IN 2021 THAN PREVIOUSLY FORECAST-EIA
NEW YORK, Aug 10 (Reuters) - U.S. crude oil production is expected to fall by 160,000 barrels per day (bpd) in 2021 to 11.12 million bpd, the U.S. Energy Information Administration (EIA) said in a monthly report on Tuesday, a smaller decline than its previous forecast for a drop of 210,000 bpd. Oil prices have rebounded from the historic lows…