US crude production to decrease less in 2021 than previously forecast

US crude production to decrease less in 2021 than previously forecast
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

11.08.2021

MOSCOW (MRC) -- US crude oil production is expected to fall by 160,000 barrels per day (bpd) in 2021 to 11.12 million bpd, the US Energy Information Administration (EIA) said in a monthly report, a smaller decline than its previous forecast for a drop of 210,000 bpd, reported Reuters.Oil prices have rebounded from the historic lows seen last year, prompting some US producers to boost dri

Full article at mrcplast.com

Back

news