Sentence examples for barrel production from inspiring English sources

But Miller apparently lost interest when Shipyard's barrel production dropped from 39,500 in 1996, to 25,300 in 1998.

While it was active, if the average price of oil strayed above $28 a barrel, OPEC members would pump more oil so prices would fall a little, and if the average price fell below $22 a barrel, production would be cut so that prices would rise.

In other words, even at $33 a barrel, production continues to outpace global demand and there seems little likelihood of prices rising soon, especially since, among other things, both Iraq and Iran continue to increase their output.

His whole family live in Kenya, including his two brothers Hunter and Finlay, who may or may not be the CEOs of their own colonialist oil barrel production companies – just making wild assumptions here.

Industry leaders like François Frères, whose annual 170,000-barrel production makes it No.2 after Oeneo, have positioned oak barrels, which cost up to $650 apiece, to burnish the image of fine wines as luxury goods.

There were no safe havens to be found in the energy markets, as crude futures sank to $64.35 per barrel, from $67.84, despite a 1.5 million-barrel production cut from the Organization of Petroleum-Exporting Countries.

At 1.3 million barrels, production in 2014 reached its highest mark since 1970.

All this from members of a cartel that has managed to cut more than 4 million barrels production a day from the world's oil supply.

Robert Plummer, a research analyst with the firm, said that at $50 a barrel oil production was costing more than its value in 17 countries, including the US and UK.

And measured per barrel of production, they've been rising at an alarming rate.

The break-even price is when the cost of per barrel oil production is equal to (or ideally less than) the price per barrel of oil.