BREAKING: US crude oil production has officially hit a record 13.4 million barrels per day.
Daily oil production has increased by 22% over the last 4 years. Since 2008, production has skyrocketed 350% from ~3.8 million barrels per day. The US is now the world’s largest oil producer exceeding Russia's output by ~35% and Saudi Arabia by ~38%. The US is dominating global oil production. Source: The Kobeissi Letter, The Daily Shot
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Source: Barchart
1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020
Source: Barchart
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Waoouu... 🙄🙄🙄
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