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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 8kbpd to 9.375mbpd in July according to the EIA drilling productivity report released yesterday.
- The June output forecast was revised up from 9.332mbpd to 9.367mbpd
- Monthly changes per region are:
- Permian +1k to 5.763mbpd
- Bakken +7k to 1.214mbpd
- Eagle Ford -5k to 1.117mbpd
- Niobrara +4k to 0.655mbpd
- Anadarko +1k to 0.440mbpd
- Appalachia unchanged at 0.150mbpd
- 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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