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Oil output in Permian to rise in August to highest on record -EIA

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Oil output in Permian to rise in August to highest on record -EIA

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 78,000 barrels per day (bpd) to a record 5.445 million bpd in August, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday.

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Oil output in Permian to rise in August to highest on record -EIA

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Oil output in Permian to rise in August to highest on record -EIA

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