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

(Reuters) U.S. crude oil manufacturing rose in March by greater than 3% to the highest since November, according to a monthly report from the us Energy Information Administration.
Oil manufacturing rose to almost eleven.7 million barrels per day in March from eleven.three million bpd the month prior, the report confirmed.
Output is slowly recovering from the impact of the COVID-19 pandemic and is still far below its document high of 12.3 million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the best on document. Output in Texas gained to almost 5 million bpd, the highest since December.
Monthly gross pure gasoline manufacturing in the U.S. Fail-proof 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 30.3 bcfd and fell 1.3% in Pennsylvania to twenty.5 bcfd.
Demand for U.S. crude and petroleum products rose in March to 20.5 million bpd, its highest since December, the EIA mentioned.
Demand for motor gasoline rose to eight.9 million bpd, the best since December, the EIA said
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