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OPEC (C) is working hard to cut production, and the Americans may have found new oil fields. An American energy exploration company recently announced that it has discovered a large oil field with reserves of up to 100 million barrels underground in Arctic waters.
Bloomberg reported that the U.S. Energy Exploration Company recently released a report stating that the company discovered a large oil field in Alaska, USA. The oil field is located in the shallow waters of Smith Bay, about miles north of the Arctic Circle. It is estimated that the company can extract 100 million to 100 million barrels of oil from new oil fields. If the estimate is correct, this scale will exceed the oil fields discovered by the U.S. oil giant Exxon Mobil that can be exploited annually by 100 million barrels, and Alaska's oil reserves will increase by 10%. It is expected that the oil field will eventually contribute 10,000 barrels of output per day.
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