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US Oil Output Set To Hit Record This Year, IEA Says

Por: MarketWatch Business November 14, 2023

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The U.S. has shot ahead in terms of supply from the big three nations--the other two being Russia and Saudi Arabia--with supply 1.2 million barrels a day higher than it was a year ago, according to the IEA. That is compared to Saudi Arabia, where supply has been cut by 1.8 million barrels a day, with Russia losing a further 170,000 barrels a day since October last year. Overall, U.S. output is now expected to hit 19.3 million barrels a day this... + full article



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