World Jul 11

An oil rig drilling a well at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder
U.S. poised to pass Saudis, Russia as top oil producer

The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day, putting it at the top of the global list for the first time since the 1970s.

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