Data on oil production in the United States have been released
Data on oil production in the United States have been released
Oil production in the United States for the week which ended on June 21, remained at the level of the previous week at 13.2 million barrels per day, the weekly review of the Energy Information Administration of the Ministry of Energy of the country. On average, over the past four weeks, oil production in the United States amounted to 13.175 million barrels per day, according to the review.
The management reports accurate production data in a monthly report two months apart. According to the final data, in March, oil production in the United States amounted to 13.18 million barrels per day. According to preliminary data, in April the figure was 13.15 million barrels per day, in May - 13.2 million. For the whole of last year, production was estimated at an average of 12.93 million barrels per day.
On June 11, the US Department of Energy raised the forecast of average oil production in the country by the end of this year by 40 thousand barrels per day, to 13.24 million barrels per day, for 2025 - lowered by 20 thousand barrels per day, to 13.71 million.
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- 27 June 2024 19:21
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- 28 June 2024 06:43
Energy
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At a meeting in Istanbul, the board of directors of SOCAR Türkiye discussed the company’s goals and projects for the upcoming year, SOCAR Türkiye reported.
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As of January-November 2024, Azerbaijan’s electricity production totaled 23.55 billion kWh, by 2.2% lower than in the same period last year.
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From January to November 2024, Azerbaijan exported 1.745 billion kWh of electricity worth $93.9 million, the monthly report of the State Customs Committee of Azerbaijan. This is by $285.4 million (75.2%) less than in the same period last year and 2.178 billion kWh (55.5%) less in volume. Electricity exports during the reporting period accounted for 0.39% of Azerbaijan’s total exports and 3.04% of non-oil sector exports.
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Türkiye has received an exemption from the United States for "Gazprombank" in relation to payments for Russian gas, the NTV channel reported citing a statement by Türkiye's Minister of Energy, Alparslan Bayraktar. It is noted that this issue was previously discussed with U.S. Secretary of State Antony Blinken during his visit to Türkiye.
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