Impact of Severe Winter Storm on U.S. January Oil Production
Tuesday, 2 April 2024, 13:08
Impact of Severe Winter Storm on U.S. Oil Production
In January, U.S. oil production faced a significant decline of 762 kb/d to 12,533 kb/d, primarily caused by an extreme winter storm impacting several central states. The adverse weather conditions curtailed operations, resulting in a notable drop in production levels.
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