• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Thursday, April 23
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Oil & Gas»US Oil Production Set To Hit 12.32 Million A Barrel Daily In 2019
Oil & Gas

US Oil Production Set To Hit 12.32 Million A Barrel Daily In 2019

By Orientalnews StaffJune 13, 2019No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Yemisi Izuora Image result for US Oil Production Set To Hit 12.32 Million A Barrel Daily In 2019
 
The  U.S. crude oil  production is predicted to rise 1.36 million barrels per day to 12.32 million bpd in 2019, 140,000 bpd less than previously forecast, according to a monthly Energy Department report on Tuesday.
In 2020, U.S. crude production is expected to rise 94,000 bpd, 1,000 bpd more than previously forecast, the report from the EIA, the statistical arm of the Energy Department, said.

Despite the slowdown this year, the agency expects U.S. output to continue to set new records in 2019 and 2020, culminating with average production of 13.5 million bpd by the end of 2020, EIA Administrator Dr. Linda Capuano said after the data was released.

Booming U.S. output, largely due to onshore growth from fracking and horizontal drilling, has boosted the country to be the world’s top crude producer, surpassing Russia and Saudi Arabia.
Production gains in 2019 and 2020 will largely be driven by onshore output, with growth in the offshore Gulf of Mexico expected at 190,000 bpd in 2019 and 130,000 bpd in 2020.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
cover
Orientalnews Staff

Related Posts

EIA: US crude inventories up 1.9 million bbl

April 23, 2026

Global Crude Market Trades In Volatile Range As Uncertainty Governs The Strait Of Hormuz

April 23, 2026

Eni Striving To Deliver 150,000 Barrels Daily Oil Output From OPL 245 By 2029

April 23, 2026

Leave A Reply Cancel Reply

The latest
  • Former Finance Minister and Housing Minister Resigned, Not Sacked.
  • Haastrup, Osoba, Others To Honour Oshunkeye At 70
  • European Commission Expands Humanitarian Assistance To Africa With €235 Million 
  • SMEDAN Urges Entrepreneurs To Accelerate Growth By Harnessing ICSS Initiative 
  • Namibia Challenges IOCs, Service Firms To Integrate Local Businesses Into Supply Chain 
  • Moniepoint Reaffirms Leadership In Nigeria’s Banking Space 
  • Women Group Applauds Olukoyede,  Seeks Collaboration In Corruption Fight
  • Sanwo-Olu Applauds LIRS, Seeks Autonomy For State Tax Agencies 
  •  Lagos State Counsels Other States To Improve Internal Revenue Structure 
  • REA Engages Mente Energy To Strengthen Renewable Energy Sector 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.