(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 united states Energy Information Administration.
Oil production rose to almost eleven.7 million barrels per day in March from eleven.three million bpd the month prior, the report confirmed.
เพชเชอร์เกจ is slowly recovering from the impression of the COVID-19 pandemic and remains to be far beneath its document excessive of 12.three million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the very best on document. Output in Texas gained to nearly 5 million bpd, the very best since December.
Monthly gross pure fuel manufacturing in the U.S. Lower forty eight states rose 1.7 billion cubic toes per day (bcfd) to 106.4 bcfd in March, its highest since December 2021, the EIA said.
In high fuel 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 stated.
Demand for motor gasoline rose to eight.9 million bpd, the best since December, the EIA stated