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EIA: US Shale Oil Output To Rise To Record 9.08 Million Barrels Per Day In April

2020-03-16 20:47:04| OGI

Output from the Permian Basin of Texas and New Mexico, is expected to rise 38,000 bbl/d to a record 4.79 MMbbl/d, data from the U.S. Energy Information Administration (EIA) showed.

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EIA Cuts Global Oil Demand Forecast After Coronavirus Outbreak

2020-02-12 14:35:48| OGI

The EIA on Feb. 11 cut its global oil demand growth forecast for this year by 310,000 barrels per day as the coronavirus outbreak dents oil consumption in China.

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EIA: US Shale Oil Production To Hit Record In February

2020-01-21 22:30:00| OGI

U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.

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EIA: US Crude Oil Production Hits Record In October

2020-01-01 00:00:00| OGI

Oil production in Texas rose to a record 5.27 million bbl/d, the EIA said, while North Dakota also reached a new high of 1.47 million bbl/d.

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US Crude Stocks Fall More Than Expected: EIA

2019-12-27 17:41:38| OGI

U.S. crude stocks and distillate inventories fell while gasoline inventories rose, the Energy Information Administration (EIA) said on Dec. 27.

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