EIA 914: November Is The Last Month Of Growth Until Second-Half 2020

EIA 914: November Is The Last Month Of Growth Until Second-Half 2020
EIA 914 came out on Tuesday and was smack in line with our estimate of ~12.65 mb/d. One thing we find reassuring so far this year is that our estimate of US oil production has been the least surprising variable. Now, looking at all of the leading indicators, November is likely the last month of supply growth for US until H2 2020. At the moment …
News story posted on 2020-01-03T08:14:00.0000000Z