U.S. oil output rises 3% in March to highest since November

(Reuters) U.S. crude oil manufacturing rose in March by greater than 3% to the highest since November, according to a month-to-month report from the us Energy Information Administration.
Oil production rose to simply about eleven.7 million barrels per day in March from eleven.three million bpd the month prior, the report confirmed.
Output is slowly recovering from the influence of the COVID-19 pandemic and remains to be far beneath its document excessive of 12.3 million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the highest on report. Output in Texas gained to almost 5 million bpd, the best since December.
Monthly gross natural gasoline manufacturing in the us Lower 48 states rose 1.7 billion cubic toes per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA stated.
In ไดอะแฟรม ซีล 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 20.5 million bpd, its highest since December, the EIA stated.
Demand for motor gasoline rose to eight.9 million bpd, the best since December, the EIA stated

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