US Oil Output Expected To Hit 13 Million Barrels A Day In 2020

Credit: Wochit
Published on February 12, 2019 - Duration: 00:39s

US Oil Output Expected To Hit 13 Million Barrels A Day In 2020

According to Reuters, US oil output is expected to hit 13 million barrels per day in 2020.

The Energy Information Administration published the figure in its monthly forecast of oil production.

US crude oil output is expected to rise another 1.5 million barrels over the next two years, bringing the nation's daily output to 13.2 million barrels.

The EIA said that their forecast for 2019 will put US oil output at 12.4 million barrels a day.

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