Sentences with phrase «production nears record levels»
CNBC's Jackie DeAngelis reports oil prices threatened to drop below the $ 50 level as U.S. production nears record levels.
https://www.cnbc.com/ Not exact matches
Saudi Arabia and Russia would be freezing production at near record levels, indicating there still would be lots of supply.
The very high levels of production in the world's top crude exporter for March were not a one - off as the Kingdom continues to produce near record levels.
Rising production, record end - of - winter storage inventories, and mild weather contributed to spot natural gas prices nearing their lowest levels in a decade until prices rebounded at most trading points to the high $ 2 / MMBtu range by the end of June.