U.S. shale output seen rising to record 7.34 million bpd in July -EIA

19 June 2018, News Wires — U.S. crude production from major shale formations is expected to rise 141,000 barrels per day (bpd) in July from the previous month to a record 7.34 million bpd, the U.S. Energy Information Administration (EIA) said in a monthly productivity report. Output from the Permian, the largest U.S. oil patch, is …

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