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US oil output, demand rose in April to four-month high, EIA says

Monday, 01 July 2024 | 13:00

U.S. oil production and demand rose to a four-month high in April, according to the Energy Information Administration’s Petroleum Supply Monthly report.

Total U.S. field production of crude oil rose by 72,000 barrels per day (bpd) month-over-month to 13.25 million bpd, the highest since December.

Product supplied of crude oil and petroleum products, EIA’s measure of demand, rose to 20 million bpd in April, up 131,000 bpd from March and also the highest so far this year.
Source: Reuters (Reporting by Shariq Khan and Scott DiSavino in New York)

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