Meanings of average crude in English

So far this year, average crude production stands at 2.01 million bpd.

The budget was also based on a projected average crude oil export price $42 per barrel.

Also, if the annual average crude oil price increases high enough the tax credits are eliminated for that year.

The new estimate would mark the lowest annual average crude output in over two decades, according to Energy Ministry data.

Through the first nine months of this year, average crude production stands at 1.97 million bpd.

Through the first eight months of this year, average crude production stands at 2.00 million bpd.

Opponents say oil sands crude causes more greenhouse gas emissions and that the petroleum is more corrosive to pipelines than average crude oil.

Many environmentalists oppose the development of the oil sands because the petroleum is energy-intensive to produce, releasing more greenhouses gases than average crude oils.

The filing, however, emphasized that average crude output in the second quarter was stable compared to output during the first three months of the year.

This compares with California's average crude oil production of 537,500 bpd throughout 2011, the last period for which data is available.

Goldman's previous end of year target was $105 a barrel and its previous 2008 average crude price forecast was $95.

Malaysia's average crude oil output fell 3.3 percent to 535,000 barrels per day (bpd) in the April-March period, it said.

The U.S. Energy Information Administration expects average crude oil prices will be lower in 2020 than in 2019 because of rising inventories.

The world's average crude oil barrel is becoming lighter as new hydraulic fracturing or "fracking" technology and deep horizontal drilling extracts very high quality hydrocarbons.

Kazakhstan's latest macroeconomic forecasts were based on an average crude oil price of $65 per barrel between 2011 and 2015.

The company said that average crude production reached 2.523 million barrels per day for the quarter, down 1.6 percent compared to the year-earlier period.