EIA releases production estimates for April
– UK Bakken oil for April seen down 28K bpd
– Eagle ford oil see down 58K bpd
– Permian basin down 4K bpd
– Total US shale production seen down 106K bpd to 4.871 million barrels per day
106K barrels isn’t much in a 9 million bpd country or when 10 million barrels per week are going into storage but it’s a start.
