- The U.S. Energy Information Administration: oil output in the U.S. fell by 60,000 barrels per day in November
Market news
9 December 2015
The U.S. Energy Information Administration: oil output in the U.S. fell by 60,000 barrels per day in November
According to data from the U.S. Energy Information Administration (EIA), oil output in the U.S. fell by 60,000 barrels per day (bpd) in November to 9.17 million bpd. The decline in oil production was driven by a drop in the number of rigs.
The EIA expects the U.S. oil output to be 9.33 million bpd in 2015 and 8.76 million bpd in 2016.
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