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

(Reuters) U.S. crude oil production rose in March by more than 3% to the best since November, in accordance with a month-to-month report from the U.S. Energy Information Administration.
Oil production rose to almost eleven.7 million barrels per day in March from 11.three million bpd the month prior, the report showed.
Output is slowly recovering from the influence of the COVID-19 pandemic and is still far below its report excessive of 12.three million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the best on document. Output in Texas gained to just about 5 million bpd, the very best since December.
Monthly gross natural gas production in the U.S. Lower 48 states rose 1.7 billion cubic feet per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA stated.
In prime fuel producing states, month-to-month output rose 2.7% in Texas to 30.three bcfd and fell 1.3% in Pennsylvania to 20.5 bcfd.
เกจวัดแก๊สหุงต้ม 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 highest since December, the EIA said

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