U.S. field production of crude oil fell in February to 12.483 million barrels per day, the lowest since December 2022, Energy Information Administration data showed on Friday.
U.S. product supplied of crude and petroleum products – a proxy for demand – rose to 19.997 million bpd, the highest since November 2022, EIA data showed. Product supplied of finished motor gasoline rose in February to 8.715 mln bpd, also the highest since November 2022.
Source: Reuters (Reporting by Laura Sanicola)