Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jul 05, 2016

U.S. Crude Losses Outpace Supply From Some OPEC Members: Chart

U.S. Crude Losses Outpace Supply From Some OPEC Members: Chart

(Bloomberg) -- U.S. oil production losses in April from a year earlier exceeded the monthly output of some members of the Organization of Petroleum Exporting Countries, signaling the success of the group's two-year oil-market strategy. American output may have dropped further in May, industry consultant Energy Aspects Ltd. said in an e-mailed note Thursday.

To contact the reporters on this story: Sharon Cho in Singapore at ccho28@bloomberg.net, Dan Murtaugh in Singapore at dmurtaugh@bloomberg.net. To contact the editors responsible for this story: Pratish Narayanan at pnarayanan9@bloomberg.net, Ovais Subhani

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com