According to data from the Energy Information Administration (EIA), crude oil production hit its highest monthly level since October 2021 in February.
Oil production in the United States increased by 578,000 barrels per day (bpd) in February, marking the largest monthly increase since October 2021., according to data from the United States Energy Information Administration (EIA) published this Tuesday. In this way, crude oil production reached a total of 13.15 million bpd.
In North Dakota, hydrocarbon activity improved 15.6% compared to the previous month, to 1.29 million bpd, while New Mexico rose 6.4%, to a record 1.98 million bpd, according to the data . While Texas, the largest producing state, recorded a 3.2% increase in output, to 5.55 million bpd.
By contrast, a recent Reuters poll showed that OPEC oil production fell in Aprilwhich reflects lower exports from Iran, Iraq and Nigeria in a context of voluntary supply cuts by some members agreed with the OPEC+ alliance.
The organization pumped 26.49 million barrels per day (bpd) this month, 100,000 bpd less than the revised March total, according to the survey based on maritime transport data provided by external sources, LSEG flow data, information from companies that They track flows – such as Petro-Logistics and Kpler – and information provided by sources from oil companies, OPEC and consultants.
Source: Ambito
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