US production could hit 9.9 million bpd
EIA April Short-Term Energy Outlook forecasts WTI crude oil prices will average $2 per barrel less than Brent prices in 2017-18
U.S. crude oil production is forecast to average 9.9 million barrels per day in 2018, a new record, the U.S. Energy Information Administration said April 11 in its Short-Term Energy Outlook.
“U.S. crude oil production is expected to be higher during the next two years than previously forecast, with....
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