Thursday , 21 November 2024
Home Forex US oil output rose to record high last week
Forex

US oil output rose to record high last week

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 earlier
  • and 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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...

Matt Gaetz withdraws name for Attorney General nomination

This article was written by Greg Michalowski at www.forexlive.com.

Fed’s Goolsbee: It may make sense to slow pace of interest rate cuts

It make sense for the Fed to slow the pace of interest...

Major European indices close higher on the day

Major European indices are closing higher on the day. The gains are...