Crude oil production growth in the largest U.S. shale field could shrink by nearly two-thirds next year because of limited pipeline capacity that will blow out already wide differentials in the region, analysts at Morgan Stanley said on Thursday.  Drilling by U.S. oil producers in the prolific Permian Basin of West Texas and New Mexico have pushed the nation’s crude output to a record 10.46 million barrels per day (bpd). The nation’s production will average 11.80 million bpd next year, the U.S. Energy Information Administration forecast this week. But pipeline constraints could cap 2019 output growth in the Permian at 360,000 bpd, below Wall Street expectations of about 634,000 bpd, and down from this year’s projected 960,000 bpd growth. The slowing gains will push […]