EIA: U.S. sets global production record

U.S, Russia, China account for 40% of global oil production

For the past six years in a row, the United States produced more crude oil than any nation at any time in history, according to the U.S. Energy Information Administration (EIA).

Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking…

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