> EIA raises 2017 US crude output estimate to 9.31 mbpd from 9.22

EIA raises 2017 US crude output estimate to 9.31 mbpd from 9.22

Tuesday, 09/05/2017 | 16:03 GMT

The latest in the DOE short term outlook

EIA raises 2018 output estimate to 9.96 mbpd from 9.90 mbpd
2017 world oil demand forecast increased by 70,000 bpd to 1.56mbpd in growth
2018 world oil demand forecast unchanged at 1.63mbpd in growth

I hate to be the guy who just draws a line to extend the trend, but we know that drilling rigs have gone up for 16 weeks in a row and there's a lag before that comes online.