*Latest US data indicate that September and October crude output was substantially higher than initial estimates, helping explain a surge in US oil exports to record levels that has helped keep global markets well supplied even amid Opec+ output cuts (MEES, 9 December).

*The US Energy Information Administration’s latest Petroleum Supply Monthly, released 30 November, indicated that the country’s September crude and condensate output was 12.27mn b/d, some 150,000 b/d above the previously-released provisional figure and 290,000 b/d up on August for the highest monthly figure since March 2020. (CONTINUED - 633 WORDS)