Post Tagged with: "December"

Source: Reuters

Global oil demand hit another monthly record in December

Oil Price


Global oil demand rose by more than 500,000 barrels per day (bpd) in December from November, for the eighth monthly record in 2023, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday.

Rising demand …

Source: Reuters

Permian shale output expected to set a record in December

World Oil


LONDON (Bloomberg) – Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the recovery in domestic production from its Covid-19 induced slump.

 

Supplies from the prolific oil …

Source: Reuters

U.S. December deficit hits $144 billion, record for the month

Reuters


WASHINGTON – The U.S. government posted a December budget deficit of $144 billion – a record for the month – due to far higher outlays with coronavirus relief spending and unemployment benefits, while revenues ticked slightly higher, the Treasury …

January 13, 2021 - 3:30 pm Closing Bell Story‎, Economy, Finance
North Dakota Producing Almost 1.2 Million BOPD

North Dakota Producing Almost 1.2 Million BOPD

North Dakota production set new records in 2017 even though the rig count has gone down. At least 1.18 million BOPD was produced in October and November. North Dakota gas production hit new highs in November as well – over …