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US Crude Oil Production Continues to Rise

US Crude Oil Production Continues to Rise

The US crude oil production was 11 million barrels per day for the week ending September 14, according to data from the EIA (U.S. Energy Information Administration). Crude oil reached this level first in the week ending July 13—the highest ever level. According to the EIA, US crude oil production exceeded Saudi Arabia’s production in February for the first time in more than 20 years. In June and August, US crude oil production exceeded Russia’s production for the first time since 1999.