Year-on-year, U.S. oil output up

April 21, 2015 12:03 PM

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Year-on-year, U.S. oil output up

Short-term data show shale oil production waning.

Bentek, the forecasting unit of energy news service Platts, said oil production from the Eagle Ford shale basin in Texas increased 28 percent year-on-year, while output from the Bakken shale in North Dakota was up nearly 18 percent from last year.

Also read: U.S. gasoline demand falls for second straight month: EIA

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