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U.S. Passes Russia -- Briefly -- to Become Top Oil Producer

  • Annual gain of 2.1 million barrels a day fastest ever
  • Russia may have regained the title on September output boost

A contractor maneuvers drilling pipe at an oil rig in Reeves County, Texas.

Photographer: Callaghan O'Hare/Bloomberg
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The U.S. surpassed Russia in August to claim the title of world’s top oil producer, with the largest year-on-year output increase in its history.

Output rose to a record 11.346 million barrels a day, according to a monthly report issued Wednesday by the U.S. Energy Information Administration. Russia pumped 11.21 million in August, according to its energy ministry.

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U.S. Passes Russia -- Briefly -- to Become Top Oil Producer