Permian Oil Output Much Stronger Than Last Government Report Suggested - Bloomberg
Permian Oil Output Much Stronger Than Last Government Report Suggested - Bloomberg
Oil Output to Grow Through at Least Year-End in Prolific Permian
The world’s most productive shale patch is expected to pump a record 5.98 million barrels a day in December. Photographer: Callaghan O'Hare/Bloomberg
Oil output from the Permian Basin will expand in November and December, marking the region’s longest run of monthly gains in two years.
The world’s most productive shale patch is expected to pump a record 5.98 million barrels a day in December. In total, US crude output from the seven biggest shale regions will total 9.65 million barrels a day next month, essentially flat compared to November’s rate, according to a report from the US Energy Information Administration.
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Oil Output to Grow Through at Least Year-End in Prolific Permian
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