U.S. crude oil production remains level last week: EIA

Source: Xinhua| 2019-09-12 05:57:20|Editor: Liu
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HOUSTON, Sept. 11 (Xinhua) -- U.S. crude oil production remained level during the week ending Sept. 6, U.S. Energy Information Administration (EIA) said Wednesday.

According to the EIA, U.S. crude oil production last week stayed the same as the previous week at 12.4 million barrels per day (b/d), up by about 1.5 million b/d year on year. This was the first week that the U.S. crude oil production remained level after decreasing last week.

In the EIA's latest Short-Term Energy Outlook released earlier this week, U.S. crude oil production will average 12.2 million barrels per day (b/d) in 2019, up by 1.2 million from the 2018 level. The forecast crude oil production will rise by 1.0 million b/d in 2020 to an annual average of 13.2 million b/d.