19
Oct
19:39
US crude oil production forecast rises for 2017
U.S. crude oil production is forecast to average 8.7 million barrels per day (MMBPD) in 2016, and 8.6 MMBPD in 2017, the October STEO, the US Energy Information Administration’s Short-Term Energy Outlook, projects.
Forecast production in 2017 is almost 0.1 MMBPD higher than in the previous forecast. The forecast for U.S. crude oil production between the fourth quarter of 2016 and Q2 2017 has been lowered slightly. By Q4 of next year however, production is …
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Very good overview of the weekly steel market.
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