American Oil Majors Create larger as Smaller Producers Retreat Amid Mark Pressures

Previously, we reported that U.S. oil manufacturing has maintained its upward trajectory within the most popular twelve months even as oil prices hang sunk to multi-twelve months lows. In accordance to records from the Energy Data Administration (EIA), U.S. coarse oil manufacturing hit an all-time excessive of 13.58 million barrels per day (mb/d) in June 2025…
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