Baku 30° C
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.
Author
Latest News
21:45
Ilham Aliyev: We are witnessing tangible dividends of peace in economic, trade and other spheres
Foreign policy21:37
Ilham Aliyev: TRIPP holds tremendous potential for ensuring security in South Caucasus
Foreign policy21:29
President: Azerbaijan–US ties have now reached their highest point in 34-year history of diplomatic relations
Foreign policy21:25
Ilham Aliyev: Azerbaijani society embracing peaceful environment that has emerged in the region
Foreign policy20:11
Work on transport infrastructure in Azerbaijan nearing completion as part of TRIPP
Foreign policy20:06
Donald Trump highly appreciates President Ilham Aliyev's role in peace process
Foreign policy19:58
Ilham Aliyev and Donald Trump hold telephone conversation
Foreign policy19:56
Witkoff: South Caucasus is safer, more prosperous and more stable
Region19:40