In this paper, we present a novel design of a fiber optic flow sensor system for single-phase fluid flow detection. This new system is based on the principle of broadband interferometry and cantilever beam bending. The fiber optic sensor system utilizes two fiber ferrule sensors that are bonded on both sides of a cantilever beam. The flow rate can be determined by monitoring the air gap changes caused by bending of the cantilever beam. Cross-sensitivity of the temperature and pressure dependence of the sensor can be compensated for automatically. The prototype sensor system was fabricated and tested on the lab-scale with preliminary evaluations completed. Field-testing was performed in the indoor and outdoor flow loops of Tulsa University in Tulsa, Okalahoma. Both the lab-scale and field-testing results verified that the designed flow sensor system could measure the single-phase fluid flow rate with high resolution and repeatability by compensating the thermal and pressure effects of the environment. The outdoor field-testing demonstrated the feasibility of the designed fiber optic flow sensor for single-phase fluid flow rate measurements in the oil fields.