U.S. crude oil production will decline more significantly in 2021 than forecast

U.S. crude oil production will decline more significantly in 2021 than forecast
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

13.05.2021

MOSCOW (MRC) -- U.S. crude oil production is expected to fall by 290,000 barrels per day (bpd) in 2021 to 11.02 million bpd, the U.S. Energy Information Administration (EIA) said, a steeper decline than its previous forecast for a drop of 270,000 bpd, said Hydrocarbonprocessing.U.S. oil producers have been gradually increasing drilling activity as oil prices have rebounded but output grow

Full article at mrcplast.com

Back

news