Stephanie Kelly
NEW YORK (Reuters) – U.S. crude oil production rose 1.7% in June to April 2020, according to Reuters ), according to a monthly report from the U.S. Energy Information Administration on Wednesday.
Oil production rose to around 11 800,000 b/d in June from around
the previous month, reports show .600,000 barrels per day. Producers are slashing output after pandemic lockdowns cut demand, while companies have been gradually ramping up production.
North Dakota production rose 3.4% to about 1.1 million barrels per day in June, the highest level since March, the report showed.
New Mexico production rose 2% in June to a record high of 1.5 million barrels per day. Texas production fell 0.1% to nearly 5 million bpd in June, the lowest level since February.
EIA says U.S. affiliated 48 states hit record 2019 30 per day in June Billion cubic feet (bcfd)
Monthly production increased 0.4% to a record 31 in the largest gas producing state 31.1 bcfd in Texas, and Pennsylvania declined 0.5% to about 20.6 bcfd.
Demand for
U.S. crude oil and petroleum products rose to around in June .800,000 bpd, the highest since August , according to the EIA. .
