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January US oil production reaches 10.2 MBD

from American Petroleum Institute via 4-traders

American Petroleum Institutes' Chief Economist Dean Foreman provided his opinion of January's oil performance by offering, "In Olympic fashion, U.S. crude oil production scored a perfect '10' in January." U.S. oil production hit a record 10.2 million barrels per day, record refinery output and an increase in total petroleum demand of 5.5 percent over the same period in 2017. more


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