NEW YORK, Oct 17 (Reuters) – Oil production in the Permian in Texas and New Mexico, the largest US shale oil basin, is set to rise by about 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, the said US Energy Information Administration (EIA) in its productivity report on Monday.
U.S. crude oil production in the U.S. major shale basins is set to rise by about 104,000 bpd to 9.105 million bpd in November, the highest since March 2020, the EIA forecast.
In the Bakken in the north…
