U.S. OIL PRODUCTION 12.1 MBD
U.S. API - the American Petroleum Institute's latest monthly statistical report showed that the U.S. sustained its position as the world's leading oil producer, continuing a pace of 12.1 million barrels a day (mb/d), matching February 2019. In addition, petroleum demand in March was the strongest for that month in more than a decade at 20.7 mb/d.
"Robust and record levels of U.S. natural gas and oil production continue to lead the world and have played a predominant role in meeting increased global demand for gasoline, distillate and jet fuel," said API…
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