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US Crude Output Levels Out

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Crude oil production in the US remained unchanged in the first full week of March, according to estimates from the US Energy Information Administration (EIA).

Topics:
Oil Supply, Crude Oil, Shale
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Net exports of crude and refined products from the US plunged in January, but still averaged almost 1 million barrels per day.
Fri, Mar 31, 2023
Data from the EIA show that US crude output jumped by nearly 350,000 b/d from December to approach 12.5 million b/d in the first month of 2023.
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