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Saturday, November 3, 2018

U.S. Crude Production Soars In August


INO.com Traders Blog https://ift.tt/2OnrPzp

The Energy Information Administration reported that August crude oil production averaged 11.346 million barrels per day (mmbd), up 416,000 b/d from July. The surge was led by a 126,000 b/d increase in Texas and a 74,000 b/d rise in the Gulf of Mexico. In addition, the increases were broadly based, implying a lagged-response to rising […]

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