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US oil production rises to 10.41 million barrels per day
2018/03/21 21:24
(Encyclopedia of this Day News | Iraq News ) - Direct: Oil production has increased in the United States over the past week by 26 thousand barrels per day, in a move that represents more pressure on the crude market.
US oil production rose to 10.407 million barrels per day (bpd) in the week ending March 16, compared to 10.381 million barrels a week earlier, data from the US Energy Information Administration showed Wednesday.
In contrast, data showed that US oil inventories experienced an unexpected drop of 2.6 million barrels in the same period, as well as a decrease in gasoline stocks by 1.7 million barrels per day.
By 5:26 pm GMT, Brent crude was up 2.5% at $ 69.11 a barrel, while US crude was up 2.3% at $ 65.00 a barrel.
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US oil production rose to 10.407 million barrels per day (bpd) in the week ending March 16, compared to 10.381 million barrels a week earlier, data from the US Energy Information Administration showed Wednesday.
In contrast, data showed that US oil inventories experienced an unexpected drop of 2.6 million barrels in the same period, as well as a decrease in gasoline stocks by 1.7 million barrels per day.
By 5:26 pm GMT, Brent crude was up 2.5% at $ 69.11 a barrel, while US crude was up 2.3% at $ 65.00 a barrel.
Note: The content entitled (US oil production rises to 10.41 million barrels per day) was published first on the site (direct site) and does not bear the encyclopedia of this day news content in any way.
You can see the details of this title (US oil production rises to 10.41 million barrels per day) through its original source any site (live site).
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