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U.S. Pumps More Oil Than Ever, But The Commodity Is Still Priced Globally

Source: SeekingAlpha

2026-03-11 12:05:00 ET

By James Picerno

The United States may be the world’s largest oil producer and a net exporter, but that doesn’t fully shield America from price spikes when global supply is jolted by events like the war in Iran....

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U.S. Pumps More Oil Than Ever, But The Commodity Is Still Priced Globally
Direxion Auspice Broad Commodity Strategy

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