EIA: US crude production rose in August
Agency expects rise to continue through September, then decline slightly as new drilling won’t offset declines from existing wells
U.S. crude oil production has been rising, the U.S. Energy Information Administration said Sept. 9 in its Short-Term Energy Outlook, with August production estimated at 10.8 million barrels per day.
In the first quarter production averaged 12.7 million bpd, then dropped to 10 million bpd in May.
[additional news subjects in this story]
Crude oil prices
Global production, consumption
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