(Reuters) U.S. crude oil production rose in March by more than 3% to the highest since November, according to a month-to-month report from the us Energy Information Administration.
Oil production rose to almost eleven.7 million barrels per day in March from 11.three million bpd the month prior, the report showed.
เกจวัดแรงดันอาร์กอน is slowly recovering from the impact of the COVID-19 pandemic and continues to be far below its report excessive of 12.3 million bpd in 2019.
Production in New Mexico rose to virtually 1.5 million bpd, the very best on report. Output in Texas gained to simply about 5 million bpd, the highest since December.
Monthly gross natural fuel manufacturing in the us Lower 48 states rose 1.7 billion cubic ft per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA mentioned.
In top gas 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 twenty.5 million bpd, its highest since December, the EIA stated.
Demand for motor gasoline rose to 8.9 million bpd, the best since December, the EIA said
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