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Egypt announces record-high crude oil production for first time in decades

Egypt’s Ministry of Petroleum has recently announced the achievement of a record number in producing crude oil, exceeding 65,000 barrels per day, for the first time since 1957.

Egyptian Minister of Petroleum Tarek el-Molla attends the East Mediterranean Gas Forum (EMGF), in Cairo, on January 16, 2020. (Photo by Khaled DESOUKI / AFP) (Photo by KHALED DESOUKI/AFP via Getty Images)
Egyptian Minister of Petroleum Tarek el-Molla attends the East Mediterranean Gas Forum in Cairo, Egypt, Jan. 16, 2020. — KHALED DESOUKI/AFP via Getty Images

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