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The Economic Times
The Economic Times
Business

US crude oil output rose in July, while petroleum demand declined, EIA says

US crude oil output rose in July, while demand for crude oil and petroleum products declined, the US Energy Information Administration (EIA) said in its Petroleum Supply Monthly (PSM) report on Wednesday.

Crude output climbed to 13.95 million barrels per day (bpd) in July, up from 13.84 million bpd in June. The monthly record high was 14.00 million bpd in October 2025.

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