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, based on a month-to-month report from the united states Energy Information Administration.
Oil manufacturing rose to almost 11.7 million barrels per day in March from eleven.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 record high of 12.three million bpd in 2019.
Production in New Mexico rose to virtually 1.5 million bpd, the very best on record. เพรสเชอร์เกจลม in Texas gained to nearly 5 million bpd, the very best since December.
Monthly gross natural gasoline production in the united states Lower 48 states rose 1.7 billion cubic ft per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA mentioned.
In high gas producing states, month-to-month 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 merchandise 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 best since December, the EIA stated
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