The Energy Information Administration's short-term energy outlook forecasts that U.S. oil output in 2020 will decline by 470,000 barrels a day from the previous year, versus an earlier forecast for growth of 770,000 barrels a day. Earlier versions of "U.S. Stocks Rise After Bout of Volatility" incorrectly expressed the forecasts in millions.

(END) Dow Jones Newswires

April 08, 2020 12:42 ET (16:42 GMT)