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American crude production to hit new highs

American crude production to hit new highs

Mubasher: The US Energy Information Administration (EIA) is expecting American oil production to average a record high of 11 million barrels per day in 2019.

The EIA monthly report revealed on Tuesday that it is expected that American crude oil production could reach 10.3 million barrels in 2018.

Previous estimates for last year stood at 9.3 million barrels, with an average of 9.9 million barrels per day in December.