US oil and shale output – Feb 2019

Published at 20:20 30 Apr 2019 by

US crude production fell for the second month in a row, down m/m by 0.19 mb/d in February to 11.68 mb/d, although production was up y/y by 1.43 mb/d. The February m/m change was lower than our projection of flat for the month, as Gulf of Mexico (GoM) production came in lower than expected (-0.19 mb/…

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