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US crude output rises to highest since May 2020 -EIA

US crude output rises to highest since May 2020 -EIA

reuters.com · 12/29/2021 10:41
US crude output rises to highest since May 2020 -EIA

- U.S. crude production rose last week to the highest since May 2020, Energy Information Administration data showed on Wednesday.

Production rose to 11.8 million barrels per day, the data showed. Meanwhile, crude stocks in the Strategic Petroleum Reserve fell to 595 million barrels, the lowest since November 2002, the data showed.


(Reporting by Stephanie Kelly)

((Stephanie.Kelly@thomsonreuters.com; 646-223-4471; Reuters Messaging: stephanie.kelly.thomsonreuters.com@reuters.net))