EIA: US Crude Output Reaches Record In July

U.S. crude oil production rose 269,000 barrels per day (bbl/d) to a record 10.964 million bbl/d in July, led by record output from Texas and North Dakota, the U.S. Energy Information Administration (EIA) said in a monthly report on Sept. 28.

The agency revised its June production figure slightly higher to 10.695 million bbl/d in June.

U.S. crude production has surged thanks to a shale boom and now rivals top producers Russia and Saudi Arabia.