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Analysis: US oil production growth to slow in 2019

In the past year, domestic crude production has expanded at the fastest pace since the 1950s, but the boom could slow by 2019's second and third quarters as a result of a plateauing rig count from the end of May to the end of September, writes John Kemp. The Energy Information Administration expects US crude and condensates production to climb by slightly more than 1 million barrels per day next year, down from nearly 1.4 million barrels per day this year.

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