EIA saw slightly lower June oil production in new survey

EIA creates new survey to measure US oil production
– June oil production at 9.3 million barrels per day vs 9.4mbpd in May
– Jan-May production revised downward by 40-130K bpd
The EIA revealed the new metric in a titled ‘EIA improves monthly reporting of crude oil production’. It promises to be an important (although laggy) release.

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