STO 0.41% $7.32 santos limited

News: STO Exxon Mobil announces new gas discovery in Papua New Guinea, page-4

  1. klu
    742 Posts.
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    "The EIA (U.S. Energy Information Administration) reported that US crude oil production fell by 20,000 bpd (barrels per day) to 8,766,000 bpd from December 16–23, 2016. Production fell 0.2% week-over-week and 4.7% year-over-year. Crude oil production fell for the second straight week."

    Despite the rise in rig count (100% from the low?), the production fell 4.7% YoY - Food for thought.
 
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