Financial Times: "US poised to become world's leading liquid petroleum producer" via ForexLive

From the Financial Times: “US poised to become world's leading liquid petroleum producer”

(FT is gated)


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In brief;

  • The US is overtaking Saudi Arabia to become the world's largest producer of liquid petroleum
  • US … output is set to exceed Saudi Arabia's this month or next for the first time since 1991
  • US crude oil production in August was still lower than either Saudi Arabia's, at about 9.7m b/d, or Russia's at 10.1m b/d. The overall US leadership in petroleum is accounted for by its higher production of natural gas liquids such as ethane and propane

posted via ForexLive


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: ForexGlobalEconomics