Crude Production Steady In January 2021

crude production steady in january 2021

Sumary of Crude Production Steady In January 2021:

  • The Energy Information Administration reported that January crude oil production fell by 21,000 barrels per day, averaging 11.080 mmbd..
  • Drops in crude production were experienced in North Dakota (45,000 b/d), Oklahoma (11,000), and in the US Gulf Coast (11,000)..
  • The EIA-914 Petroleum Supply Monthly (PSM) figure was 125,000 barrels per day higher than the weekly data reported by EIA in the Weekly Petroleum Supply Report (WPSR)..
  • The 914 figure was about 140,000 higher than the 10.940 mmbd estimate for that month in the March Short-Term Outlook….

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