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

Source: Xinhua| 2020-01-24 11:30:26|Editor: Shi Yinglun
Video PlayerClose

HOUSTON, Jan. 23 (Xinhua) -- U.S. crude oil production remained level during the week ending Jan. 17, U.S. Energy Information Administration (EIA) said Thursday.

According to the EIA, U.S. crude oil production stayed the same as the previous week at 13.0 million barrels per day (b/d) last week, up by about 1.1 million b/d year-on-year.

In its latest Short-Term Energy Outlook released last week, the EIA forecast that U.S. crude oil production will average 13.3 million and 13.7 million barrels per day in 2020 and 2021 respectively.

The EIA also forecast that the United States will be a net exporter of total crude oil and petroleum products by 0.8 million barrels per day in 2020 and by 1.4 million barrel per day in 2021.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001387310201