YCharts
- US crude oil production surged to a record high of 13.2 million barrels a day last week.
- The new high comes amid rising geopolitical tensions in the Middle East.
- Oil prices have also jumped in recent months, with Brent crude up 24% since June.
Our Chart of the Day is from YCharts, which shows that US oil production surged to a record high of 13.2 million barrels a day last week.
The prior record was 13.1 million barrels a day hit in February 2020, right before the COVID-19 pandemic slowed down the economy.