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According to Reuters New York on September 11, according to the monthly forecast report released by the US government on Tuesday, the growth rate of US crude oil production in 2019 is expected to be lower than previously expected
.
U.
S.
crude oil production is expected to increase by 840,000 barrels per day to 11.
5 million barrels per day next year, compared with EIA's previous forecast of an increase of 1.
02 million barrels to 11.
7 million barrels
, according to the latest report from the U.
S.
Energy Information Administration (EIA).
U.
S.
oil demand growth is expected to increase by 250,000 barrels per day next year, down from the EIA's previous forecast of 290,000 barrels
, EIA said.
In the report, EIA largely maintained its 2018 crude oil production growth and demand growth forecasts unchanged
.
According to Reuters New York on September 11, according to the monthly forecast report released by the US government on Tuesday, the growth rate of US crude oil production in 2019 is expected to be lower than previously expected
.
U.
S.
crude oil production is expected to increase by 840,000 barrels per day to 11.
5 million barrels per day next year, compared with EIA's previous forecast of an increase of 1.
02 million barrels to 11.
7 million barrels
, according to the latest report from the U.
S.
Energy Information Administration (EIA).
U.
S.
oil demand growth is expected to increase by 250,000 barrels per day next year, down from the EIA's previous forecast of 290,000 barrels
, EIA said.
In the report, EIA largely maintained its 2018 crude oil production growth and demand growth forecasts unchanged
.