(Reuters) U.S. crude oil production rose in March by more 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 almost 11.7 million barrels per day in March from 11.3 million bpd the month prior, the report showed.
Output is slowly recovering from the impact of the COVID-19 pandemic and is still far under its report high of 12.three million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the highest on record. เกจแรงดันสูง in Texas gained to just about 5 million bpd, the best since December.
Monthly gross natural fuel manufacturing 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 mentioned.
In prime fuel producing states, monthly output rose 2.7% in Texas to 30.three bcfd and fell 1.3% in Pennsylvania to twenty.5 bcfd.
Demand for U.S. crude and petroleum products 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 mentioned
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