U.S. crude oil production down last week-Xinhua

U.S. crude oil production down last week

Source: Xinhua| 2023-06-02 02:48:30|Editor:

HOUSTON, June 1 (Xinhua) -- U.S. crude oil production averaged 12.2 million barrels per day (b/d) during the week ending May 26, down by 100,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said Thursday.

The figure rose by 300,000 b/d over this time last year, according to the EIA.

More than 80 percent of U.S. crude oil production growth comes from the country's Lower 48 states, which does not include production from Alaska and the Federal Offshore Gulf of Mexico, according to the EIA.

The United States has been a major oil producer in the past years with the help of its shale oil production growth.