US oil and shale output – May 2019

Published at 19:41 31 Jul 2019 by . Last edited 11:18 22 Aug 2019.

US liquids production averaged 18.1 mb/d in May, higher y/y by 2.2 mb/d but lower than our expected 2.3 mb/d growth. This is because crude production inched lower by 26 thousand b/d m/m to 12.11 mb/d (higher y/y by 1.65 mb/d), while we projected a m/m rise of 48 thousand b/d. At the end of May, US c...

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