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U.S. Crude Oil Output Hits Record in April as Refining Margins Tighten
U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly released data from the Energy Information Administration. The increase of 0.4% over March volumes reinforces America’s standing as the world’s top oil producer and follows months of steady gains driven by improved drilling efficiencies and stronger prices. Texas led the charge with an output of 5.7 million bpd, up 1.6% from M…
According to the original report, crude oil production in the United States reached a new record in April, with 13.47 million barrels per day.This figure represents an increase over the March production, which was 13.45 million barrels per day.The Energy Information Administration (EIA) is responsible for publishing this data through its Petroleum Supply Monthly series.Initially, the EIA had anticipated that the March production would be 13.49 m…
In the month, the country produced 3,679 million barrels of oil per day (bbl/d), an increase of 10.9% compared to May 2024
U.S. oil and gas production reached record highs in April, says EIA
Total U.S. liquids production managed a record-high of 20.83 million bpd in April, up roughly 50,000 barrels from the previous month, according to the Energy Information Administration's latest Petroleum Supply Monthly report released on Monday.
Demand for petroleum distillates fell slightly
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