Shale oil production expected to increase in US
Energy
- 16 November, 2021
- 07:24
Shale oil production in the United States will increase by 85,000 barrels per day in December compared to November and will reach 8.316 million barrels, Report informs, citing the US Department of Energy.
In November, actual shale oil production was slightly higher than the Department's previous forecast - 8.231 million barrels per day against 8.219 million barrels.
Production is expected to increase in six of the seven oil-producing regions where hard-to-recover oil is concentrated. The largest increase is projected in the Permian Basin.
Latest News
14:19
Germany, Azerbaijan end embassy document legalization
Foreign policy14:16
Presidential aide: Armenia beginning to realize benefits of peace in South Caucasus
Foreign policy14:07
IEA chief warns markets underestimate Hormuz closure
Energy14:02
Cavusoglu: Europe cannot build security system without Türkiye
Other countries13:54
Hikmat Hajiyev says South Caucasus now more stable, closer to peace
Foreign policy13:47
Hikmat Hajiyev: regions can benefit from multilateral cooperation
Foreign policy13:37
Cevdet Yilmaz says post-WWII global order appears to reverse
Region13:29
Kobakhidze says lack of prominent leaders is one of major problems
Region13:20
Photo