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US crude production rose 100,000 barrels last week.

US crude production rose 100,000 barrels last week.





The US government's Energy Information Administration (EIA) said that US crude oil production rose in the week ended March 26.


EIA data showed average U.S. crude production was 11.1 million barrels / day last week. That was up 100,000 barrels / day from the previous week, but down 1.9 million bpd. When compared with the same period last year


The US has  joker madness  been a major oil producer over the years. This was driven by higher shale oil production. While China remains one of the world's largest oil importers.


The Chinese National Bureau of Statistics (NBS) said crude oil production in January-February rose 0.4 percent year on year to 32.08 million tonnes.
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