US oil production reaches record levels
![Photo: Ritzau Scanpix/AP/Chuck Bennett](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11165233.ece/ALTERNATES/schema-16_9/olie-exxon.jpg)
Prices on the global reference oil, Brent, and US WTI crude declined Monday morning after record-high US production, which undermines production cuts set by OPEC.
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