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EIA: Light, sweet crude from tight formations source of US oil production increases

06.06.2014 / Energyboardroom

About 96% of the 1.8-million b/d growth in US production during 2011-13 consisted of light, sweet crude grades with API gravity of 40° or higher and sulfur content of 0.3% or less, the US Energy Information Administration reported on June 6.

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