FX168 Financial News (Hong Kong) News Rystad Energy released a research report on Thursday (January 24) that the average daily production of liquefied crude oil in the United States is expected to surpass the sum of Russia and Saudi Arabia in 2025. The company report that the average daily production of liquefied crude oil products in the United States will gradually exceed 24 million barrels per day in the next six years, while the average US WTI crude oil price is expected to be 58 US dollars per barrel. Liquefied crude products include crude oil and related liquids known as "condensates", as well as natural gas condensates (NGL) such as ethane. The largest production supply will come from several major shale oil producing areas in Texas and New Mexico. Rystad analyst Artem Abramov said: "However, if crude oil prices are lower than our basic scenario expectations, US production growth will slow down, but as long as oil prices can remain above $50/barrel, then US production growth momentum It will continue." More data shows that the US Energy Information Administration's (EIA) energy report released this month shows that US crude oil production is expected to increase to 1.14 million barrels per day to 12.07 million barrels per day in 2019, and will increase by 790,000 barrels per month in 2020. / Day to 12.86 million barrels / day. On the other hand, the demand for refined oil in the United States is expected to increase by 20,000 barrels per day to 4.15 million barrels per day in 2019, and will increase to 4.19 million barrels per day in 2020. In addition, EIA expects US gasoline demand to increase to 9.35 million barrels per day in 2019 and to maintain this level by 2020. In 2018, the figure was 9.29 million barrels per day, down from 9.31 million barrels per day in 2017. Tungsten End Mills For Sale,Endmills For Steel For Sale,Tungsten Milling Cutter JIANGYIN GOLD STAR INDUSTRY CO.,LTD , https://www.goldstarmilling.com
Rystad expects that the daily production of US liquefied crude oil products will exceed the sum of Russia and Russia by 2025.
Abstract FX168 Financial News (Hong Kong) News RystadEnergy released a research report on Thursday (January 24) that the average daily output of liquefied crude oil products in the United States is expected to surpass the sum of Russia and Saudi Arabia in 2025. The company report pointed out that the United States...