US On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World

EIA's latest Short-Term Energy Outlook (STEO) from last week estimated that U.S. crude oil production averaged 9.3 million bpd in the whole of 2017, and 9.9 million bpd in December alone. This year, U.S. crude oil production is seen averaging 10.3 million bpd in 2018, beating a record dating back to …

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