US oil output rose to record high last week ...Middle East

U.S. crude oil output rose to a record high of 13.4 million bpd in the week ended August 2that's about 100,000 barrels per day (bpd) more than a week earlierand 800,000 barrels more than a year agoThe data is from the US Energy Information Administration, published on Wednesday This article was written by Eamonn Sheridan at www.forexlive.com.

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