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

(Reuters) U.S. crude oil production rose in March by greater than 3% to the very best since November, in accordance with a monthly report from the U.S. Energy Information Administration.
Oil production rose to nearly 11.7 million barrels per day in March from 11.three million bpd the month prior, the report showed.
เพรสเชอร์เกจไฮดรอลิค is slowly recovering from the influence of the COVID-19 pandemic and remains to be far under its document excessive of 12.three million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the very best on document. Output in Texas gained to nearly 5 million bpd, the very best since December.
Monthly gross pure gasoline manufacturing in the U.S. Lower forty eight states rose 1.7 billion cubic toes per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA mentioned.
In top 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 products 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 very best since December, the EIA mentioned

Scroll to Top