US crude production rose 80,000 barrels per day in May to 11.231 million barrels per day

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US crude production rose 80,000 barrels per day in May to 11.231 million barrels per day, according to a monthly government report.
The Energy Information Administration revised its April production estimate by 18,000 bpd to 11.151 million bpd.
While production increased on an annual basis, it has not yet returned to its pre-pandemic peaks when it exceeded 12.8 million barrels per day.
US production has shrunk significantly, due to a combination of a global price war and declining demand due to the Corona virus.
US gasoline demand reached 9.137 million barrels per day, up from 8.791 million barrels per day in April. Consumption of
distillates, such as diesel, recorded 3.874 million barrels per day, down from 3.988 million barrels per day in April, the figures showed.
Natural gas production in the 48 US mainland states increased 0.1 billion cubic feet per day in May to
a 14-month peak at 103.4 billion cubic feet per day, the Energy Information Administration said in its monthly production report.
This is the third consecutive monthly increase.
Total gas production peaked at 107.1 billion cubic feet per day in December 2019 .

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