US Oil Production Falls in November From Record High in October, EIA Says

brent crude trades above $87, sets highest levels since april 1200x810

(Reuters) – U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high of 13.436 million bpd in October, the U.S. Energy Information Administration said in its petroleum supply monthly report on Friday.

Product supplied of crude oil and petroleum, EIA’s way of measuring demand, fell by 775,000 bpd to 20.235 million bpd in November, the lowest since April 2024, the data showed.

That compares with a monthly product supplied of crude oil and petroleum record high of 21.666 million bpd in August 2005.

Product supplied of finished motor gasoline fell by 260,000 bpd to 8.808 million bpd in November, the lowest since February 2024, while product supplied of distillate fuel oil fell by 383,000 bpd to 3.676 million bpd in November, the lowest since June 2024.

Reporting by Scott DiSavino and Liz Hampton; Editing by Rod Nickel

Share This:


More News Articles

 

  • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Have You Seen?

    Ofgem Approves Deal to Keep UK Gas Import Capacity From Europe

    • October 22, 2026
    Ofgem Approves Deal to Keep UK Gas Import Capacity From Europe

    India’s Middle East Oil Imports Jumped 32% in September

    • October 22, 2026
    India’s Middle East Oil Imports Jumped 32% in September

    Grid Constraints Curtailed 119 GW of Renewables in India in September

    • October 22, 2026
    Grid Constraints Curtailed 119 GW of Renewables in India in September

    European Natural Gas Prices Rise on Middle East Escalation

    • October 22, 2026
    European Natural Gas Prices Rise on Middle East Escalation

    Delorean advances Australia biomethane project towards first gas injection

    • October 22, 2026
    Delorean advances Australia biomethane project towards first gas injection

    Iran Claims Seven Ships Hit in Persian Gulf as Oil Prices Surge

    • October 22, 2026
    Iran Claims Seven Ships Hit in Persian Gulf as Oil Prices Surge

    Record Fuel Prices Accelerate Europe’s EV Sales

    • October 22, 2026
    Record Fuel Prices Accelerate Europe’s EV Sales

    Waga Energy launches Indiana landfill RNG facility

    • October 22, 2026
    Waga Energy launches Indiana landfill RNG facility

    DAC project in Kenya targets tens of kilotonnes of CO2 for e-fuel production

    • October 22, 2026
    DAC project in Kenya targets tens of kilotonnes of CO2 for e-fuel production

    Iraq Removes Customs Duties On Imported Solar Energy Systems To Boost Renewable Energy Adoption

    • October 22, 2026
    Iraq Removes Customs Duties On Imported Solar Energy Systems To Boost Renewable Energy Adoption