July Non-OPEC Oil Production Hits Post-Pandemic High
July Non-OPEC oil production increased by 697 kb/d to 49,616 kb/d. World oil production in July increased by 944 kb/d to 80,191 kb/d according to the EIA. Read more.
Source: seekingalpha.com
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July Non-OPEC oil production increased by 697 kb/d to 49,616 kb/d. World oil production in July increased by 944 kb/d to 80,191 kb/d according to the EIA. Read more.
U.S. March production increased by 349 kb/d to 11,655 kb/d. Relative to November’s 2021 production of 11,769 kb/d, March is still 114 kb/d lower.
The spike in oil has eased in recent months, which implies that headline CPI will decline in the months ahead. Click here to know more...