US oil production up in Oct.

(MENAFN) Crude production in the US last month was more than the country�s imports of crude for the first time since 1995, The Peninsula reported. The US Energy Information Administration said that oil products� consumption in the month remained flat in an ongoing hike in shale oil production. Crude oil production in the country hit 7.74 million barrels per day (bpd) last month, registering a 17 percent increase from the same month in 2012, but is slightly below output in September 2013 due to disruptions from Hurricane Karen.