EIA Boosts US Oil Production Estimates

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Trading,Fuel,Market,Oil,Futures,Investment,Stocks,Financing,Trading,Increase,Decrease
FOTOGRIN/Shutterstock

The US Energy Information Administration (EIA) adjusted its weekly estimate of domestic crude oil production up by more than 400,000 barrels per day to bring it closer in line with its more thorough monthly data.

Topics:
Oil Supply, Crude Oil, Shale
Wanda Ad #2 (article footer)
#
The shallow-water producer is selling properties to W&T Offshore, but it says it won't be able to close the deal unless a court helps it settle issues with Chevron and others.
Mon, Oct 2, 2023
Turkey said crude exports via the Iraq-Turkey pipeline will resume this week, potentially bringing up to 500,000 b/d back to the market.
Mon, Oct 2, 2023
Bulgaria's parliament has voted to phase out imports of Russian crude oil by October of next year.
Fri, Sep 29, 2023