Brent to average $43 this year, $52 in ’17EIA forecasts US crude production at 8.9 million bpd this year, down from 9.4 million in ’15; expected to drop to 8.8 million in ’17 KRISTEN NELSON Petroleum News
The U.S. Energy Information Administration expects U.S. crude oil production to average 8.9 million barrels per day this year, down from 9.4 million bpd last year. The agency said in its Dec. 6 Short-Term Energy Outlook that 2017 production is expected to drop further to 8.8 million bpd.
But there....
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OPEC Positive growth Natural gas
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