The U.S.' crude oil production increased for the 17th time in the last 18 weeks, according to the country's Energy Information Administration (EIA) data released on Wednesday.
Crude oil output rose by 20,000 barrels per day (bpd) to reach a new record high level of 10.72 million bpd for the week ending May 11, the data showed.
While crude oil production remained unchanged from the previous week in the state of Alaska, all production increases came from other states during the same period, the data showed.
The U.S.' crude oil production is expected to average 10.7 million bpd this year, and 11.9 million bpd next year, according to the EIA's Short-Term Energy Outlook for May.
Meanwhile, commercial crude oil inventories decreased by 1.4 million barrels, or 0.3 percent, to 432.4 million barrels for the week ending May 11, the EIA data showed.
The market expectation was a decline of 0.8 million barrels for commercial crude oil inventories.
Strategic petroleum reserves, which are not included in commercial crude oil stocks, fell by 1.5 million barrels, or 0.2 percent, to 662 million barrels during that period.
Gasoline inventories also decreased by 3.8 million barrels, or 1.6 percent, to 232 million barrels. However, the market expectation was a decline of 1.4 million barrels.
By Ovunc Kutlu in New York