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OIL: U.S. Oil Production Reaches Record 13.46mn bpd in October

OIL

U.S. oil production rose by 259,000 bpd to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic according to the EIA on Tuesday.

  • Product supplied for crude oil and petroleum rose 702,000 bpd to 21.01 million bpd in October - the highest since August 2019
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U.S. oil production rose by 259,000 bpd to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic according to the EIA on Tuesday.

  • Product supplied for crude oil and petroleum rose 702,000 bpd to 21.01 million bpd in October - the highest since August 2019