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Friday, 17 January 2020

US Oil Production Hits 13 Million Barrels Per Day For 1st Time, Oil Gives Back All Its Recent Gains


US Crude production pushed higher, hitting a world record 13 million barrels per day for the first time. Neither Russia or the Saudis have ever produced 13 million barrels per day of oil. Unfortunately though, a lot of this oil production is uneconomic.