2026-11-09 06:45:18
U.S. Oil Production Hits Record 14M Barrels per Day as Exploration Wells Increase
According to Baker Hughes data, as of November 6, U.S. oil and natural gas exploration well count increased by 1 to 604, with horizontal drilling wells for shale development rising by 2 to 529.
U.S. Energy Department data showed that for the week ending October 30, U.S. crude oil output rose by 10,