US All Liquid Oil Production is at 73% of OPEC Oil Production

US All Liquids oil production is at 19.6 million barrels per day. US oil production is forecasted to increase by 1-2 million barrels per day by the end of 2020. US crude oil production is at 12.5 million barrels per day. Saudi Arabia had to cut oil production to support oil prices. Saudi Arabia is producing 10.6 million barrels per day. Russian crude oil production is at 11.7 million barrels per day. The US will be passing the 20 million barrel per day all liquids production level by the end of this year. The US all liquids oil production should