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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 49kbpd to 9.328mbpd in May according to the EIA drilling productivity report released yesterday.
- The April output forecast was revised up from 9.214mbpd to 9.279mbpd
- Monthly changes per region are:
- Permian +13k to 5.694mbpd
- Bakken +17k to 1.176mbpd
- Eagle Ford +6k to 1.141mbpd
- Niobrara +4k to 0.672mbpd
- Anadarko +8k to 0.458mbpd
- Appalachia +1k to 0.150mbpd
- Haynesville unchanged at 0.037mbpd
Source: EIA
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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