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home / news releases / YGRN - U.S. Oil Production Climbs In November To ~12.88 Mb/D But That's The Peak For A While


YGRN - U.S. Oil Production Climbs In November To ~12.88 Mb/D But That's The Peak For A While

Welcome to the EIA 914 edition of the Oil Markets Daily!

US oil production came in at ~12.88 mb/d according to the latest EIA 914, which was ~100k b/d higher than our preliminary estimate of ~12.75 to ~12.8 mb/d. The higher production came primarily from a jump in the Gulf of Mexico production of +90k b/d m-o-m. GOM is now back to ~1.99 mb/d, which is the peak given no major projects coming online in 2020+. The only project we see coming online is Vito which would add ~100k b/d by 2021. This will be

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Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Stock Symbol: YGRN
Market: NYSE

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