Saturday, October 4, 2025
Friday, October 3, 2025
US Crude Oil Production : Update
US crude oil production surged to a record 13.6 million barrels per day in July.
Over the last 5 years, US oil production has risen +4 million barrels per day, or +40%.
Since 2008, production has more than TRIPLED.
Including other liquids, total US petroleum output reached a record 21.2 million barrels per day.
Meanwhile, global oil markets are on track for a record surplus next year due to slowing demand growth and rising supplies.
The US is drilling like never before.
Gold : Central Bank Stock Piling
GLOBAL CENTRAL BANKS ADDED 15 TONNES OF GOLD TO THEIR RESERVES IN AUGUST They continue to stockpile.
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