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US March Monthly Crude Output At Three-Year High

OIL

US monthly crude oil output in March rose to 12.696mbpd, the highest level since March 2020, EIA monthly oil data showed.

  • This was up from 12.525mbpd in February.
  • Crude oil and petroleum products consumption in March stood at 20.449mbpd, up from 19.997mbpd in February and the highest level since November.

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