U.S. crude oil production increases last week: EIA

Source: Xinhua| 2020-10-08 00:55:02|Editor: huaxia

HOUSTON, Oct. 7 (Xinhua) -- U.S. crude oil production increased during the week ending Oct. 2, U.S. Energy Information Administration (EIA) said Wednesday.

According to the EIA, U.S. crude oil production averaged 11.0 million barrels per day (b/d) last week, 300,000 b/d more than the previous week and down by 1.6 million b/d this time last year.

The United States has been a major oil producer in the past years with the help of its shale oil production growth. Meanwhile, China continues to be one of the world's biggest oil consumers.

According to the latest release from the Chinese National Bureau of Statistics, China's crude oil output went up 2.3 percent year on year to 16.65 million tonnes in August, quickening from an increase of 0.6 percent registered in July. Enditem

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