16 Feb 2020 Saudi Arabia has been leading the push for more production curbs, According to EIA's Weekly Petroleum Status Report, U.S. commercial 15 Nov 2019 According to the EIA, U.S. crude oil production averaged 12.8 million on Thursday after data showed a hefty weekly rise in U.S. crude stocks. 13 Feb 2020 The 2 million barrels decrease could be attributed to dip in production and imports. Meanwhile, the market had been looking for a supply draw of 10 Feb 2020 We review EIA's Weekly Petroleum Status Report for the week of the LNA has shut-in Libyan oil exports, and Libyan oil production has 13 May 2015 In its short term outlook released Tuesday, the EIA lowered its 2015/2016 US energy production forecasts, and projected that US oil output will 3 Oct 2019 Weekly oil production from EIA. Robert Rapier. About half of the 400,000 BPD production increase since summer comes from the Permian
13 Feb 2020 The 2 million barrels decrease could be attributed to dip in production and imports. Meanwhile, the market had been looking for a supply draw of
On top of that, the EIA also showed that crude oil production increased to 9.502 million barrels per day, which renewed worries over the supply glut and pushed the price of light crude below $47 Between 2010 and 2015, annual oil production in the U.S. grew by four million barrels per day (BPD). Production dipped in 2016, but then U.S. crude oil production again rose by 1.2 million BPD between January and December 2017, to levels that haven’t been seen since the early 1970s. Here are the weekly estimates for U.S. oil production that the EIA put out back then: April 6: 10.525 mb/d April 13: 10.540 mb/d April 20: 10.586 mb/d April 27: 10.619 mb/d May 4: 10.703 mb/d May 11: 10.723 mb/d May 18: 10.725 mb/d May 25: 10.769 mb/d The weekly estimates tend to be less accurate than The EIA is the Energy Information Administration, a federal government division that produces the most transparent and well researched data on oil production and storage levels—of any country in the world. Their Weekly Petroleum Supply Report (WPSR) comes out every Wednesday at 10:30 AM Eastern time, and is the most closely watched oil report in the world. This report moves markets. Recent scrutiny on EIA's Weekly Petroleum Status Report obscures the reality of how it's put together. Oil production figures are often cited as factual data, when in fact, they are estimates.
But, perhaps, the most important statistic in the Petroleum Balance Sheet is the EIA’s weekly estimate on crude production. It is possibly also the most controversial of the lot.
Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day). Year- Month, Week 1, Week 2, Week 3, Week 4, Week 5. End Date, Value, End Date The petroleum supply situation in the context of historical information and selected prices. Released after. 10:30 a.m., 1:00 p.m.. Highlights. Weekly Petroleum 6 Mar 2020 Weekly crude oil production estimates are rounded to the nearest 100,000 b/d at the U.S. and lower 48 state levels. For more details see Weekly Supply Estimates. (Stocks in Thousand Barrels, All Other Volumes in Thousand Barrels per Day). Data Series: Crude Oil Domestic Production, Refinery U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. of Energy) Distillate fuel production decreased last week, averaging 4.7 million barrels per day. U.S. crude oil imports averaged 6.5 million barrels per day last week, up by 11 Mar 2020 EIA expects OPEC crude oil production will average 29.1 million b/d in the second and third quarters of 2020, up from 28.7 million b/d in the first