⁍ U.S. crude production rose last week by 1.2 million barrels per day.


⁍ The largest weekly gain on record, according to the U.S. Energy Information Administration.


⁍ Crude output rose to 11.1 million bpd, the highest since July.


– US crude production rose last week by 1.2 million barrels per day, the largest weekly gain on record, US Energy Information Administration data showed. Crude output rose to 11.1 million bpd, the highest since July, EIA said. Reuters reports that analysts had expected a rise of 1.2 million bpd.



Source: https://www.reuters.com/article/us-usa-oil-eia-output/us-oil-output-posts-largest-weekly-gain-on-record-eia-idUSKBN27D29K