U.S. crude oil output rose to a record high of 13.4 million bpd in the week ended August 2
that’s about 100,000 barrels per day (bpd) more than a week earlierand 800,000 barrels more than a year ago
The data is from the US Energy Information Administration, published on Wednesday
This article was written by Eamonn Sheridan at www.forexlive.com.