U.S. shale oil output to rise to record 9.08 million barrels per day in April – EIA

March 16, 2020 admin Business News Comments Off on U.S. shale oil output to rise to record 9.08 million barrels per day in April – EIA

U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a record 9.08 million bpd, data showed on Monday.

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Source:: Reuters – Business News