(Reuters) U.S. crude oil production rose in March by greater than 3% to the very best since November, in accordance with a month-to-month report from the us Energy Information Administration.
Oil manufacturing rose to nearly eleven.7 million barrels per day in March from 11.three million bpd the month prior, the report confirmed.
Output is slowly recovering from the impact of the COVID-19 pandemic and continues to be far below its record excessive of 12.3 million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the highest on document. Output in Texas gained to just about 5 million bpd, the highest since December.
เกจวัดแรงดันไนโตรเจน manufacturing in the us Lower forty eight states rose 1.7 billion cubic feet per day (bcfd) to 106.4 bcfd in March, its highest since December 2021, the EIA mentioned.
In high fuel producing states, monthly output rose 2.7% in Texas to 30.3 bcfd and fell 1.3% in Pennsylvania to 20.5 bcfd.
Demand for U.S. crude and petroleum merchandise rose in March to 20.5 million bpd, its highest since December, the EIA said.
Demand for motor gasoline rose to eight.9 million bpd, the highest since December, the EIA stated
Share