• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Russia Says Europe Will Struggle To Replace Its Oil Products
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 hours Reality catching up with EV forecasts
  • 6 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 5 days A Somewhat Realistic View of the Near Future for Electric Vehicles Worldwide
  • 6 hours 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 11 days The Federal Reserve and Money...Aspects which are not widely known
  • 15 days US Oil Independence is a myth and will always be a myth
  • 16 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Suriname’s Oil Boom Hits A $10 Billion Snag

Suriname’s Oil Boom Hits A $10 Billion Snag

Suriname’s offshore oil basins have…

Russian Oil Exports Plunged By 820,000 Bpd Last Week

Russian Oil Exports Plunged By 820,000 Bpd Last Week

Russia’s crude oil exports plunged…

Upstream Spending To Rise To $485 Billion In 2023

Upstream Spending To Rise To $485 Billion In 2023

In its 2023 outlook, Energy…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

U.S. Crude Oil Output Drops In September

U.S. crude oil production dropped by 1.9 percent to 8.580 million barrels per day (bpd) in September from 8.747 million bpd in August, the U.S. Energy Information Administration (EIA) said in its monthly crude oil and natural gas production report on Wednesday.

Last year in September, U.S. crude oil output stood at 9.423 million bpd.

This year in September, production in Texas inched up by 0.2 percent from August, to 3.163 million bpd, but was 7.4 percent lower than the September 2015 figure of 3.415 million bpd.

ADVERTISEMENT

Crude output in the U.S. Gulf of Mexico went down by 8.4 percent on the month in September, to 1.507 million bpd, while output in North Dakota fell 1.3 percent to 962,000.

U.S. natural gas gross withdrawals totaled 88.137 billion cubic feet per day (Bcf/d) in September, down by 0.4 percent from August, and down 3 percent from September last year. Gas output in Texas fell by 1.2 percent monthly to 21.805 billion Bcf/d this past September.

ADVERTISEMENT

As for weekly inventories, EIA reported on Wednesday a decline in U.S. commercial crude oil inventories of less than a million barrels: stockpiles were down 900,000 barrels in the week to November 25. This brought the total to 488.1 million barrels, within the average for this time of year, though close to the upper limit.

Gasoline inventories, according to EIA, were up by 2.1 million barrels, above the upper limit for the week, with production at 10 million barrels per day. Refineries operated at 89.8 percent of capacity, processing 16.3 million barrels of crude, and producing also 5.2 million barrels of distillate.

The previous day the American Petroleum Institute estimated total commercial oil inventories had fallen by a modest 717,000 barrels, with strategic stockpiles at Cushing up by 2.3 million barrels – the highest weekly build since March 2015.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage


ADVERTISEMENT


ADVERTISEMENT



Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News