( เพรสเชอร์เกจ ) U.S. crude oil production rose in March by greater than 3% to the very best since November, according to a monthly report from the united states Energy Information Administration.
Oil production rose to nearly eleven.7 million barrels per day in March from 11.3 million bpd the month prior, the report showed.
Output is slowly recovering from the influence of the COVID-19 pandemic and remains to be far below its report high of 12.3 million bpd in 2019.
Production in New Mexico rose to virtually 1.5 million bpd, the best on record. Output in Texas gained to nearly 5 million bpd, the highest since December.
diaphragm seal in the U.S. Lower 48 states rose 1.7 billion cubic feet per day (bcfd) to 106.4 bcfd in March, its highest since December 2021, the EIA mentioned.
In prime gas producing states, month-to-month 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 20.5 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 mentioned
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