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Business & Economics

US oil production rose to record high in October, data show

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Summary
Nutrition label

83% Informative

U.S. oil production rose 260,000 barrels per day month-over-month to a record 13.46 million bpd in October .

Demand for distillate fuels, which include diesel and heating oil, rose to 4.06 million bd in October , the highest in a year .

UBS analyst Giovanni Staunovo says demand for oil demand in October was the biggest surprise in the EIA report.

VR Score

94

Informative language

99

Neutral language

94

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

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short-lived

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