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3/05/2018

US oil production will lead world by 2023: IEA

US oil production will lead world by 2023: IEA

America is on its way to becoming the largest oil producer in the world. The nation will surpass Russia, the current No. 1, by 2023, the International Energy Agency estimated on Monday. U.S. crude production is projected to hit a record of 12.1 million barrels a day in 2023, which would reflect an increase of roughly 2 million barrels compared with this year.

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