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

(Reuters) U.S. crude oil production rose in March by greater than 3% to the best since November, based on a monthly report from the U.S. Energy Information Administration.
Oil manufacturing rose to almost eleven.7 million barrels per day in March from 11.three 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 almost 1.5 million bpd, the very best on report. Well respected in Texas gained to almost 5 million bpd, the highest since December.
Tested manufacturing in the us 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 top gas producing states, monthly output rose 2.7% in Texas to 30.three bcfd and fell 1.3% in Pennsylvania to twenty.5 bcfd.
Demand for U.S. crude and petroleum merchandise rose in March to twenty.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 said
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