U.S. field production of crude oil rose 1.6% in June to 12.844 million barrels per day, the highest since February 2020, before the coronavirus pandemic destroyed demand for fuel and other oil products, the Energy Information Administration said on Thursday.
Production in Texas rose 1.1% to 5.518 million bpd, its highest on record dating back to 2005. In North Dakota, production also rose, gaining by 3.3% to 1.155 million bpd, the highest since December 2020.
Gross natural gas production in the U.S. Lower 48 states fell 0.1 billion cubic feet per day to 114.9 bcfd in June from a record 115.0 bcfd in May, according to the EIA's monthly 914 production report.
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