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New US oil output data shows lower 2015 production: EIA

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The US government on Monday released new data on domestic oil production for the first half of this year based on improved methodology, showing output was as much as 130,000 barrels per day (bpd) lower than first estimated.

[NEW YORK] The US government on Monday released new data on domestic oil production for the first half of this year based on improved methodology, showing output was as much as 130,000 barrels per day (bpd) lower than first estimated.

In a posting on its website prior to the formal release of new figures, the Energy Information Administration said its new, survey-based production data showed the country pumped 9.3 million bpd in June, down 100,000 bpd from a revised May figure. It said previously reported monthly data for January through May were revised down by between 40,000 and 130,000 bpd.

REUTERS

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