(Reuters) U.S. crude oil production rose in March by more than 3% to the very best since November, according to a monthly report from the united states Energy Information Administration.
Oil production rose to almost 11.7 million barrels per day in March from eleven.3 million bpd the month prior, the report confirmed.
Output is slowly recovering from the impression of the COVID-19 pandemic and continues to be far below its record excessive of 12.three million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the best on document. Output in Texas gained to just about 5 million bpd, the best since December.
Monthly gross natural fuel production in the U.S. Lower forty eight states rose 1.7 billion cubic feet per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA said.
In เครื่องมือวัดความดันคือ 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 mentioned.
Demand for motor gasoline rose to 8.9 million bpd, the best since December, the EIA said
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