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US crude oil production declined in January- EIA

March 29, 2024 8:56 AM
Reuters


U.S. crude oil production fell in January to 12.533 million barrels per day (bpd), a 6% decline from December following cold weather that froze in some production, data from the Energy Information Administration showed on Friday.

Crude oil output in Texas also fell in January to 5.361 million bpd, down about 5% from the month prior, the data showed, while production in North Dakota fell nearly 13% to 1.122 million bpd.

(Reporting by Shariq Khan in New York, Georgina McCartney in Houston; Editing by Chizu Nomiyama)

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