US October Crude Oil Production Tops Record
U.S. crude oil output hit an all-time high of more than 11.5 million barrels per day in October, according to government data released on Monday.
U.S. crude production rose 79,000 bpd in October to 11.537 million bpd, the U.S. Energy Information Administration said in a monthly report. The EIA revised its September oil production figure down by 17,000 bpd to 11.458 million bpd.
U.S. oil production broke its 1970 record of 10.04 million bpd in November 2017, and has set monthly record highs for five straight months since June.
(Reporting by Stephanie Kelly Editing by Chizu Nomiyama and Dan Grebler)