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Wednesday, July 8, 2020

U.S. Crude Oil Production Fell Sharply In April


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The Energy Information Administration reported that April crude oil production averaged 12.061 million barrels per day (mmbd), down 669,000 b/d from March. Reductions were largest in Texas (234,000) and North Dakota (195,000). Given the large reduction in April, crude oil production dropped by 62,000 b/d over the past 12 months. This number only includes crude […]

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