U.S. crude oil production hits a record 13.3 million barrels per day, boosted by AI-driven drilling technology, positioning the U.S. as a global oil leader.
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In the U.S., crude oil output has reached a record high, producing 13.3 million barrels a day—more than 48% higher than Saudi Arabia’s output. This increase is due to innovations in drilling technology that enhance both the profitability and efficiency of drilling. AI now enables improved drills to stay on target nearly 95% of the time and allows for remote control of drilling operations. U.S. oil production is projected to grow by an additional 600,000 barrels per day by 2025, positioning the U.S. as one of the world’s leading oil producers.
The American economy has benefited significantly from the nation’s wealth boost due to increased oil production. Investors will be closely watching how the markets respond to the upcoming election this week.
