U.S. oil production fell over the week

MOSCOW, 13 Oct – PRIME. U.S. oil production for the week ended Oct. 7 fell by 100,000 bpd to 11.9 million bpd, according to a weekly review by the country’s Energy Information Administration.

On average, over the past four weeks, US oil production has amounted to 12 million barrels per day.

The department reports exact data on production in a monthly report with a difference of two months. According to the final data, US oil production in July amounted to 11.8 million barrels per day, and in August – 11.87 million barrels; for the whole of last year – an average of 11.254 million barrels per day.

On October 12, the US Department of Energy lowered the forecast for average oil production in the country for the current year by 40,000 barrels per day, to 11.75 million, and for the next year, by 270,000 barrels, to 12.36 million barrels per day.