{"id":32564,"date":"2020-08-12T01:24:37","date_gmt":"2020-08-11T21:24:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32564"},"modified":"2020-08-12T01:25:41","modified_gmt":"2020-08-11T21:25:41","slug":"eia-u-s-oil-production-seen-at-11-26-m-b-d-in-2020","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eia-u-s-oil-production-seen-at-11-26-m-b-d-in-2020\/08\/12\/market-updates\/","title":{"rendered":"EIA: U.S. Oil Production Seen at 11.26 M b\/d in 2020"},"content":{"rendered":"\n<p>The U.S. Energy Information Administration (EIA) said on Tuesday that it expects crude oil production in the United States to decline by 990,000 barrels per day (b\/d) in 2020 to 11.26 million b\/d.<\/p>\n\n\n\n<p>This implies a higher decline than what was forecasted last month, at 600,000 b\/d.<\/p>\n\n\n\n<p>The EIA now estimates that the U.S. production of petroleum products would fall by two million barrels per day to 18.46 million b\/d in 2020, compared with its previous expectation of a 2.12 million b\/d decrease.<\/p>\n\n\n\n<p>In 2021, the EIA expects the U.S. crude production to decline by 120,000 b\/d to 11.14 million b\/d, while demand in the U.S. for crude oil is set to increase by 1.57 million b\/d to 20.03 million b\/d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Energy Information Administration (EIA) said on Tuesday that it expects crude oil production in the United States to decline by 990,000 barrels per day (b\/d) in 2020 to 11.26 million b\/d. This implies a higher decline than what was forecasted last month, at 600,000 b\/d. The EIA now estimates that the U.S. production &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6944,6846],"class_list":["post-32564","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-eia","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32564"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32564\/revisions"}],"predecessor-version":[{"id":32566,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32564\/revisions\/32566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32431"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}