U.S. oil output rises 3% in March to highest since November

(Reuters) U.S. crude oil manufacturing rose in March by greater than 3% to the best since November, according to a month-to-month report from the us Energy Information Administration.
Oil production rose to just about eleven.7 million barrels per day in March from eleven.three million bpd the month prior, the report confirmed.
Output is slowly recovering from the impact of the COVID-19 pandemic and remains to be far beneath its report high of 12.3 million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the very best on report. Output in Texas gained to nearly 5 million bpd, the very best since December.
Monthly gross natural gas manufacturing in the U.S. pressure gauge ยี่ห้อ tk rose 1.7 billion cubic feet per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA stated.
In high gas producing states, monthly output rose 2.7% in Texas to 30.3 bcfd and fell 1.3% in Pennsylvania to twenty.5 bcfd.
Demand for U.S. crude and petroleum merchandise rose in March to 20.5 million bpd, its highest since December, the EIA mentioned.
Demand for motor gasoline rose to 8.9 million bpd, the highest since December, the EIA stated
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