U.S. OIL PRODUCTION 10.7 MBD
U.S. API - The American Petroleum Institute's latest monthly statistical report shows the U.S. set a record for the production of natural gas liquids (NGL) last month producing 4.4 million barrels per day (mb/d). July also saw the U.S. tie its record for crude oil production at 10.7 mb/d.
"With total U.S. liquid fuels production, up by more than 2.0 MBD year-over-year, the United States has been the world's only substantive source of oil production growth so far in 2018 and more than compensated for production losses in some OPEC nations," said API Chief…
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