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EIA: U.S. crude oil production decline in 2021 will be lower than previously expected

 Last Update: 2022-01-01
 Source: Internet
 Author: User

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Foreign news on December 7th, the U.
S.
Energy Information Administration (EIA) released a monthly report stating that U.
S.
crude oil production is expected to fall by 100,000 barrels per day to 11.
18 million barrels per day in 2021; the decline is lower than last month’s estimate of 150,000 barrels.
/Day
.

Crude oil production next year is expected to increase by 670,000 barrels per day to 11.
85 million barrels per day, compared with an estimated increase of 770,000 barrels per day last month
.

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