US Emerging as World’s Top Oil Producer

US crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration said on Wednesday, but at a record 10.88 million barrels per day, the nation will end 2018 as the world’s t…

US crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration said on Wednesday, but at a record 10.88 million barrels per day, the nation will end 2018 as the world’s top producer.  Output this year was forecast to...