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US: Production from 7 shale formations to rise 93,000 bpd in Sept. to 7.5 million bpd - EIA

In a recently published monthly report, the U.S. Energy Information Administration (EIA) said that oil production from seven major shale basins was expected to rise 93,000 barrels per day in September to 7.52 million barrels per day, as reported by Reuters.

According to the publication, new well oil production per rig a is seen increasing 1,496 bpd for Bakken (vs 1,487 bpd month ago); 552 bpd for Permian (vs 562 bpd month ago); and 1,489 bpd for Eagle Ford (vs 1,485 bpd month ago).

EUR/USD Technical Analysis: Consolidating losses, bearish momentum still intact

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AUD/USD: emerging market trade cross-flows tapping into case for a test of 2001-2018 uptrend line at 0.7191

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