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US led global oil production for sixth straight year in 2023
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US led global oil production for sixth straight year in 2023

The U.S. led the world in oil production for the sixth consecutive year in 2023‚ according to a new report from the Energy Information Administration (EIA). Crude oil production in the U.S.‚ including condensate‚ averaged 12.9 million barrels per day (b/d) in 2023 — a level which surpassed the American and global record of 12.3 million b/d that the U.S. set in 2019. Average monthly U.S. crude oil production also reached a record high in December 2023 at more than 13.3...
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