A post by @FirstSquawk on X.

U.S. crude oil output is forecast to average 14.03 million barrels per day in November, up from 13.81 million bpd in October, and to rise further to 14.14 million bpd in December, according to EIA projections cited by First Squawk. Natural gas production is expected to average 127.1 billion cubic feet per day in November versus 126.2 bcf/day in October, climbing to 127.6 bcf/day in December. The sequential increases point to continued supply growth from the world's largest producer, a factor that matters for global crude benchmarks and domestic gas balances heading into winter. Traders will watch whether monthly output tracks the EIA path and how the added supply interacts with demand and storage levels in the coming weeks.