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 very best since November, according to a monthly report from the united states Energy Information Administration.
Oil manufacturing rose to almost eleven.7 million barrels per day in March from 11.3 million bpd the month prior, the report confirmed.
Output is slowly recovering from the influence of the COVID-19 pandemic and is still far beneath its report high of 12.three million bpd in 2019.
Production in New Mexico rose to virtually 1.5 million bpd, the best on report. Output in Texas gained to simply about 5 million bpd, the very best since December.
Monthly gross natural gasoline production in the united states Lower forty eight states rose 1.7 billion cubic feet per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA said.
In top gas producing states, monthly output rose 2.7% in Texas to 30.3 bcfd and fell 1.3% in Pennsylvania to 20.5 bcfd.
Demand for U.S. crude and petroleum products rose in March to twenty.5 million bpd, its highest since December, the EIA said.
pressure gauge 2.5 นิ้ว for motor gasoline rose to 8.9 million bpd, the highest since December, the EIA mentioned

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