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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
Oil output in the major US shale oil basins is forecast to increase by 41kbpd to 9.332mbpd in June according to the EIA drilling productivity report released yesterday.
- The May output forecast was revised down from 9.328mbpd to 9.291mbpd
- Monthly changes per region are:
- Permian +15k to 5.707mbpd
- Bakken +13k to 1.232mbpd
- Eagle Ford +2k to 1.108mbpd
- Niobrara +5k to 0.650mbpd
- Anadarko +5k to 0.444mbpd
- Appalachia +1k to 0.155mbpd
- Haynesville unchanged at 0.036mbpd
Source: EIA Drilling Productivity Report
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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