Forecast: U.S. to increase oil production in March

11:09 - 15.02.2022


February 15, Fineko/abc.az. According to forecasts of the U.S. Department of Energy, this March, oil production will increase in the key manufacturing sectors of the country (the main part of production accounts for shale oil – Ed.).

ABC.AZ reports that the growth of shale oil production in the U.S. in March 2022 compared with February will amount to 109,000 barrels - up to 8.71 million b/d.

Growth is expected mainly in the Permian, Eagle Ford, Bakken, Anadarko, Appalachian and Niobrara formations.