Argentina's crude oil production hit 847,000 barrels per day, a 15.9% increase year-on-year, largely due to the Vaca Muerta shale formation. The Neuquen Basin, the main producing region, saw a 30.4% increase, contributing 77.4% of the national total. The country aims to reach 1 million barrels daily by 2030, supported by new pipeline infrastructure and rising international oil prices.
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