U.S. crude oil production increased during the week ending July 17, the U.S. Energy Information Administration (EIA) said Wednesday.
According to the EIA, U.S. crude oil production averaged 11.1 million barrels per day (b/d) last week, 100,000 b/d more than the previous week and down by 200,000 b/d from this time last year.
The United States has become a major oil producer in the past years with the help of its shale oil production growth. Meanwhile, China continues to be one of the world's biggest oil consumers.
According to the latest release from the Chinese National Bureau of Statistics, China's crude oil production in June reached 16.24 million tonnes, an increase of 0.7 percent year on year.
Editor:Cherie
