Reuters | US crude oil production hit record high in November: EIA Reuters The increase in crude output has cut U.S. oil imports by a fifth over a decade, and boosted energy exports. Soaring U.S. production kept a lid on oil prices this year, even though the Organization of the Petroleum Exporting Countries and Russia have ... US Shale Surge Offsets Lowest Saudi Oil Imports Since 1980s Oil steady as investors avoid risk assets on equities decline Oil rises after 2-day fall, gains limited by stronger dollar |