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19 US crude oil production reaches record high of 12.26 million barrels per day = EIA

2019-10-08T21:20:20.117Z


[New York 8th Reuters]-The US Energy Information Agency (EIA) announced on the 8th that US crude oil production in 2019 will increase by 1.27 million barrels to 12.26 million barrels a day, setting a new record high . Conventional forecast


[New York 8th Reuters]-The US Energy Information Agency (EIA) announced on the 8th that US crude oil production in 2019 will increase by 1.27 million barrels to 12.26 million barrels a day, setting a new record high . The previous forecast was an increase of 1.25 million barrels.

The forecast for US crude oil production in 2008 is 13.17 million barrels, an increase of 910,000 barrels. Previously, it was expected to increase 1,990,000 barrels a day by 1,323 barrels.

In addition, the US demand forecast for 2007 is 40,400 barrels per day, 205.4 million barrels per day, down from the previous forecast of 140,000 barrels. The US demand forecast for 20 years is 27.6 million barrels a day, an increase of 220,000 barrels. Previously it was 20.85 million barrels a day, an increase of 260,000 barrels.

EIA's Linda Capuano said, “The oil price in the previous month rose following an attack on the oil facility in Saudi Arabia, but in the short-term energy outlook in October, the average spot price of North Sea Brent crude in 2020 was reduced by $ 2 per barrel. = 60 dollars ".

The expected increase in global crude oil demand in 2020 is also 100,000 barrels per day to 1.3 million barrels a day.

Source: asahi

All news articles on 2019-10-08

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