It appears as though U.S. production is going to fall by a lot this year.
The rigs aren't drilling at the same rate and oil flow from the new wells reduces by quite a lot in the first 6 months or so.
I thinks as per usual the production numbers they are putting out now are predictions and there will be revisions down.
With all the projects cancelled and delayed , oil shortages won't be too far away in my opinion.
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| Open | High | Low | Value | Volume |
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| Last trade - 11.20am 14/07/2025 (20 minute delay) ? |
| FAR (ASX) Chart |