HOUSTON, June 15 (Xinhua) -- U.S. Energy Information Administration (EIA) reported on Friday that most of the growth in global oil production in the coming months is expected to come from the United States. According to the EIA, U.S. crude oil production will average 10.8 million barrels...
EIA: Production outages tightened global oil market in AugustConglin Xu
OPEC and non-OPEC production, global demand, and the financialization of oil Does OPEC still matter? How do OPEC and non-OPEC oil production, global oil demand, and the role of oil as a financial asset influence the price of oil? Wh... NHA Razek,NM Michieka - 《Research in Internationa...
EIA forecast that higher U.S. crude oil production growth and slightly lower global oil consumption will offset the short-term supply reductions. As a result, global petroleum liquids stocks increase and prices remain relatively flat. According to EIA's February Short-Term Energy Outlook (STEO), ...
HOUSTON, March 2 (Xinhua) -- U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information Administration (EIA) said Wednesday. However, the figure rose by 1.6 million b/d this time last...
The Abqaiq oil processing facility is the world's largest crude oil processing and stabilization plant, with a capacity of 7 million barrels per day, or about 7 percent of global crude oil production capacity. On Monday, Sept. 16, the first full day of trading after the attack, Brent and...
Global Market Intelligence Constantly Updated Sales and Support: +1 800 762 3361Show Nearest IIR Office Phone Number Trouble? Remember Join Us May 23, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Guyana increased its crude oil production by 98,0...
According to an EIA monthly report issued last week, U.S. crude oil production fell below 11.6 million b/d in December, which is the most recent monthly historical data point. In the report, the EIA forecasted that the country's crude oil production will rise to average 12.0 million b/d...
In its February Short-Term Energy Outlook (STEO), the EIA expected OPEC to cut crude oil output by 0.5 million barrels per day from March through May because of lower expected global oil demand in early 2020, and the production will average 28.9 million barrels per day in 2020, which is ...
The United States has been a major global oil producer over the past years, thanks to the surging growth in its shale oil production.■