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 highest since November, according to a monthly report from the U.S. Energy Information Administration.
Oil production rose to almost 11.7 million barrels per day in March from 11.three million bpd the month prior, the report showed.
Output is slowly recovering from the impact of the COVID-19 pandemic and remains to be far under its report excessive of 12.3 million bpd in 2019.
Production in New Mexico rose to nearly 1.5 million bpd, the best on report. Output in Texas gained to almost 5 million bpd, the highest since December.
Monthly gross pure gasoline manufacturing in the us Lower forty eight states rose 1.7 billion cubic feet per day (bcfd) to 106.4 bcfd in March, its highest since December 2021, the EIA said.
In Classified 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.
Demand for U.S. crude and petroleum products rose in March to 20.5 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 mentioned
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