Last updateWed, 20 Jan 2021 8pm

End-User News

U.S. Now World’s Leading Oil Producer

For the first time since 1973 the U.S. leads the world in oil production, overtaking Russia. The U.S. Energy Information Administration says that the U.S. produced more than 11.3 million barrels a day in August, a 4% increase over the old record set in July. Meanwhile Russia produced 11.2 million barrels a day in August, while Saudi Arabia pumped 10.4 million. 

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