Oil Market Report April 2023 Analysis IEA International
For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6 mb/d in 2022. Non-OPEC+, led by the US and Brazil, drives the 2023 expansion, rising 1.9 mb/d. OPEC+ is expected to drop by 760 kb/d. Global refining throughput is forecast to average
U.S. Energy Information Administration - EIA - Independent
In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United States will average 12.4 million barrels per day (b/d) in 2023 and 12.8 million b/d in 2024, surpassing the previous record of 12.3 million b/d set in 2019. In 2022, U.S. crude oil production averaged an estimated 11.9 million b/d.
Oil Market Report February 2023 Analysis IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade’s export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result,
Short-Term Energy Outlook - U.S. Energy Information
North America continues to lead non-OPEC liquid fuels production growth. In our forecast, U.S. liquid fuels production increases from 20.2 million b/d in 2022 to a record 21.6 million b/d in 2024, led by crude oil production increases from the Permian shale region in western Texas and eastern New Mexico. We also expect significant increases
OPEC : Monthly Oil Market Report 2023
Monthly Oil Market Report 2023. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market
U.S. Oil Production To Hit New Record In 2023 | OilPrice.com
America crude oil production is set to average 12.4 million barrels per day (bpd) next year, the EIA said in its January Short-Term Energy Outlook (STEO), in which it revealed its first
Snapshot of global oil supply and demand: March 2023
Our dashboard explores key short-term signposts impacting oil demand, supply, and prices. April 25, 2023 Brent crude oil price declined by $4.2/bbl m-o-m to
US Cut Oil Output Forecast Again as Shale Growth Slows Down
The US slashed its forecast for 2023 oil production in the latest sign that world crude markets can檛 rely on American shale fields to ramp up supply quickly enough to reduce high energy prices
Oil Markets and OPEC in 2023 Center on Global Energy
Amid all the uncertainty of 2022, OPEC+ sought to dominate the oil market by attempting to control production among its members. By announcing an increase
Coterra Energy Reports First-Quarter 2023 Results, Announces
Second-quarter 2023 production and capital guidance: Production volumes are expected to average between 620 and 650 MBoepd, with oil estimated between 88.5 and 91.5 MBopd and natural gas volumes estimated between 2,750 and 2,850 MMcfpd. Expect capital expenditures (accrued) during 2Q23 between $510 ?$570 million.
