US to decrease oil production next year - FORECAST

US to decrease oil production next year - FORECAST
  • Clock-gray 11:42
  • calendar-gray 10 February 2021

Energy Information Administration under the US Ministry of Energy has decreased its forecast on oil production in the country, APA-Economics reports citing the monthly report of the EIA.

Daily oil production in the US is expected to be 11,02 mln. barrels in the current year. According to the previous forecast, this indicator was forecasted to be 11,1 mln. barrels.

According to the forecast, daily oil production in the US will be 11,53 mln. barrels next year.

Note that according to calculations of the EIA, USD daily oil production was 11,31 mln. barrels last year.

 

Emil Ismayilov

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