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

(Reuters) U.S. crude oil manufacturing rose in March by more than 3% to the best since November, in accordance with a monthly report from the us 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.
Output is slowly recovering from the impression of the COVID-19 pandemic and continues to be far beneath its record high of 12.3 million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the best on document. Wacky in Texas gained to just about 5 million bpd, the best since December.
Monthly gross pure fuel production in the us 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 stated.
In high gasoline 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 twenty.5 million bpd, its highest since December, the EIA said.
Demand for motor gasoline rose to 8.9 million bpd, the very best since December, the EIA said
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