(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 nearly 11.7 million barrels per day in March from 11.3 million bpd the month prior, the report showed.
Output is slowly recovering from the impact of the COVID-19 pandemic and is still far below its record high of 12.3 million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the highest on record. Output in Texas gained to nearly 5 million bpd, the highest since December.
Monthly gross natural gas production in the U.S. Lower 48 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 top 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 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 highest since December, the EIA said.
