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 U.S. Energy Information Administration.
Oil manufacturing rose to nearly eleven.7 million barrels per day in March from 11.3 million bpd the month prior, the report showed.
Output is slowly recovering from the impression of the COVID-19 pandemic and remains to be far below its record high 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 almost 5 million bpd, the best since December.
Monthly gross pure fuel manufacturing in the U.S. เกจวัดความดันpressuregauge rose 1.7 billion cubic ft per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA stated.
In high 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 merchandise rose in March to twenty.5 million bpd, its highest since December, the EIA mentioned.
Demand for motor gasoline rose to eight.9 million bpd, the very best since December, the EIA stated
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