API: US sets new record for oil production in September, meeting virtually all global demand growth
19 October 2018
The American Petroleum Institute’s latest monthly statistical report shows the US produced a record 11.0 million barrels of crude oil per day (mb/d) in September. US liquid fuels production grew 2.2 mb/d year-over-year (y/y), and the US met virtually all global oil demand growth. As supply increased, crude oil inventories... Read more →