Production by over 950,000 bpd since September 2018, though year-on-year growth rate has been decelerating gently US crude production rose again in September, confounding sceptics who have long been predicting that output is poised to begin declining because of lower oil prices. Crude output increased by 66,000 bpd to a record 12.46 million bpd, US Energy Information Administration (EIA) data showed on Friday. Production has risen by more than 950,000 bpd since the same point last year, though the year-on-year growth rate has been decelerating gently. Output increased by million bpd in 2018 and the EIA predicts it ... (full story)