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NEW YORK (Reuters) – U.S. crude oil manufacturing fell by 305,000-barrels-per-day (bpd) to 13.15 million bpd in January, the bottom since February 2024, knowledge from the U.S. Vitality Info Administration confirmed on Monday.
That was the largest decline in month-to-month U.S. oil output since January final 12 months, the information confirmed. The EIA additionally lowered its estimate of file U.S. oil manufacturing in December by about 40,000 bpd to 13.45 million bpd.
(Reporting by Shariq Khan and Scott DiSavino in New York)
