DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Download on the App Store
Screenshot of DeepNewz app showing story detail view.
Aug 29, 02:07 PM
EIA Says U.S. Crude Output Hits Record 13.58 Million b/d
Economics
Natural Resources
Business
Environment

EIA Says U.S. Crude Output Hits Record 13.58 Million b/d

Authors
  • First Squawk
  • Anas Alhajji
  • Giovanni Staunovo🛢
5

U.S. crude oil output rose by 133,000 barrels a day in June to a record 13.58 million barrels a day, according to monthly data released by the Energy Information Administration. The agency revised May’s total down to 13.447 million barrels a day from an earlier 13.488 million, underscoring the scale of the new high. The Gulf of Mexico led the gains with a 67,000-barrel-a-day increase, followed by New Mexico at 40,000, North Dakota at 33,000 and Texas at 11,000. Wyoming added 10,000 barrels a day, while production slipped in Colorado and Alaska by 5,000 and 12,000 barrels a day, respectively. Total U.S. crude oil and petroleum product supply—a proxy for domestic demand—also climbed in June, reaching its strongest level since October 2024, the EIA said.

Written with ChatGPT .

Additional media