US crude March output hits three-year high as Texas production grows, EIA says

NEW YORK, May 31 (Reuters) – U.S. field production of crude oil rose in March to 12.696 million barrels per day, the highest since March 2020, when the COVID-19 pandemic began to decimate global energy demand, Energy Information Administration data showed on Wednesday. The higher crude output came as production in Texas rose 1.8% to … Read more

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