US shale oil output to drop 68,000 bpd to 7.64 million bpd in Octobe: EIA

Output at every formation is expected to fall in October, except the Permian basin of Texas and New Mexico, where production is expected to rise by about 23,000 bpd to 4.17 million bpd, the data showed. That would be the smallest increase since production declined in May, the data showed.

from Moneycontrol Latest News https://ift.tt/3irM6DQ