(Reuters) U.S. crude oil production rose in March by greater than 3% to the best since November, according to a month-to-month report from the united states Energy Information Administration.
Oil production rose to simply about eleven.7 million barrels per day in March from 11.three million bpd the month prior, the report confirmed.
Output 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.
pressure gauge digital ราคา in New Mexico rose to nearly 1.5 million bpd, the highest on record. Output in Texas gained to nearly 5 million bpd, the highest since December.
Monthly gross natural fuel 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, month-to-month output rose 2.7% in Texas to 30.3 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 mentioned.
Demand for motor gasoline rose to 8.9 million bpd, the very best since December, the EIA mentioned
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