US cuts crude output forecast as rout weakens shale boom

US cuts crude output forecast as rout weakens shale boom
09 September 2015, News Wires – The collapse of oil prices will have a slightly bigger impact on U.S. crude production this year and the next than previously estimated, the Energy Information Administration said. The agency reduced its output forecast for this year by 1.5 percent to 9.22 million barrels a day, according to its monthly […] More »
US cuts crude output forecast as rout weakens shale boom US cuts crude output forecast as rout weakens shale boom Reviewed by Crude Oil Facilitators on 21:56 Rating: 5

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