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home / news releases / BNO - EIA 914 - U.S. Oil Production Jumps But Finishes Q1 Lower Than 2018 Year-End

BNO - EIA 914 - U.S. Oil Production Jumps But Finishes Q1 Lower Than 2018 Year-End

United States Brent Oil Fund LP ETV

Welcome to the EIA 914 edition of Oil Markets Daily!

EIA 914 was out on Friday and US oil production increased 241k b/d in March 2019 to 11.906 mb/d.

The increase came almost entirely from the Gulf of Mexico which was low in February due to maintenance. The breakdown m-o-m is as follows:

  • GOM +191k b/d
  • North Dakota +42k b/d (lower in February due to cold weather)
  • New Mexico +23k b/d (NM part of Permian)
  • Oklahoma +16k b/d
  • Colorado -17k b/d
  • Texas -6k b/d

The production for US shale this month excluding weather factors was

Read more ...
Stock Information
Company Name: United States Brent Oil Fund LP ETV
Stock Symbol: BNO
Market: NYSE
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