2018 was likely the most profitable year for U.S. oil producers since 2013

Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013, despite crude oil prices that were lower in 2018 than in 2013 on an annual average basis. Source: Today in Energy – 2018 was likely the most profitable year for U.S. oil producers since 2013

Continue reading 2018 was likely the most profitable year for U.S. oil producers since 2013. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply