by WorldTribune Staff, November 9, 2018 U.S. crude oil production hit a record 11.6 million barrels day as domestic prices sunk to their lowest levels since March, the U.S. Energy Department said on Nov. 7. U.S. oil prices fell to $62 a barrel on Nov. 7. The last time the U.S. oil benchmark settled below […]
by WorldTribune Staff, September 13, 2018 The United States earlier this year passed Russia and Saudi Arabia to become the world’s largest producer of crude oil, according to the U.S. Energy Information Administration. Based on preliminary estimates in the EIA’s Short-Term Energy Outlook, U.S. crude oil production in February exceeded that of Saudi Arabia for the […]
