Reduction in American production can help to value the price of the barrel

American Annual report shows that oil production in the United States should have a slow growth in 2019. According to this forecast, production can rise in 840,000 bpd to 11.5 million barrels a day next year, number below the previous expectation.

Despite the leveraged production of "shale" in the 70, due to the limited extraction capabilities in the pipelines, the drilling activities in the Permian Basin, the largest American oil company, have been reduced. If on the one hand the issue may be negative for the United States, OPEC members appreciate the "forced accession" of the American country in the overall reduction of production for the valuation of the commodity.

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