Oil market caught by surprise as US output surges

Record supply from world’s top producer complicates Opec+ maths and White House climate push.

American crude oil production reached a fresh all-time high of 13.2mn barrels a day in September, according to figures released last week, more than any other country and accounting for about one in eight barrels of global output.
American crude oil production reached a fresh all-time high of 13.2mn barrels a day in September, according to figures released last week, more than any other country and accounting for about one in eight barrels of global output.Foto: Angus Mordant/Reuters/NTB
Publisert 7. December 2023, kl. 11.51Oppdatert 7. December 2023, kl. 11.51