The us department of energy, raised on Tuesday its forecast for oil production in the united states for the years 2017 and 2018.
For the 2018 predicted a production of 10,01 million barrels per day, an upward revision from the previous estimate, which was a production of 9,96 million barrels per day.
For 2017, the expected production is now increasing to 9,33 million barrels per day, an upward revision from the previous estimate, which was a production of 9,31 million barrels a day.
It writes energidepartementets statistics, EIA, in its monthly Short-Term Outlook.
Price expectations have been drawn up to 50:78 dollars per barrel for WTI for the years 2017, from the previous 50:68. For 2018 has been reduced to 53:61 55:10.
The u.s. stocks of crude oil fell by 4.6 million barrels during the previous week. It reported to the American Petroleum Institute, the API, according to Reuters. Expected was a decline of 3.5 million barrels.
The API collects inventory information from refineries, bulk terminals and pipelines on a voluntary basis. To energidepartementets weekly statistics, the government required that reports should be made.
Tradingportalen/Agency Directly.
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