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US Crude Output Sets New Monthly Production Record

According to monthly data released Tuesday by the U.S.

Source OilPrice AI Summary Updated 2h 04m ago

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According to monthly data released Tuesday by the U.S. Energy Information Administration (EIA), U.S. crude oil production climbed to a record 13.934 million barrels per day (bpd) in April—the highest monthly production rate ever recorded. The new record surpassed March's 13.718 million bpd by 216,000 bpd, as producers responded to the oil price spike trigge…

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