OPEC Nations Grapple With Oversupply of Oil
OPEC Nations Grapple With Oversupply of Oil
OPEC Nations Grapple With Oversupply of Oil
Houston Chronicle The nation’s stockpiles of commercial crude oil plunged by nearly 5 million barrels last week as the United States continues to emerge as a net petroleum exporter at the end of 2019. The U.S. is churning out record-high crude oil production at an estimated 12.9 million barrels a day and exporting nearly a quarter of that crude daily.
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