US oil output hits monthly record high in August, EIA says

(Reuters) – U.S. oil production rose 1.5% in August to a monthly record high of 13.4 million barrels per day (bpd), the U.S. Energy Information Administration (EIA) said in its monthly oil and natural gas production report.

That tops the prior record high of 13.31 million bpd in December 2023, the data showed.

In top oil-producing states, output in Texas rose 1.7% in August to a record 5.82 million bpd, while in New Mexico output rose 2.8% to a record 2.09 million bpd.

That compares with previous record highs of 5.76 million bpd in June in Texas and 2.04 million bpd in July in New Mexico.

Gross natural gas production in the U.S. Lower 48 states, meanwhile, eased by about 0.6% in August to 115.9 billion cubic feet per day (bcfd), according to EIA’s 914 production report.

That compares with a monthly record high of 118.2 bcfd in December 2023.

In top gas-producing states, monthly output in Texas rose 1.2% to a record high of 36.1 bcfd in August, but fell 4.4% to a three-month low of 20.0 bcfd in Pennsylvania.

That compares with prior monthly record highs of 35.6 bcfd in July in Texas and 21.9 bcfd in December 2021 in Pennsylvania.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Why Sometimes News Doesn’t Move the Market?

    • June 12, 2025
    Why Sometimes News Doesn’t Move the Market?

    These Names May Soon Be Reserved for Regulated Firms in Hong Kong

    • June 12, 2025
    These Names May Soon Be Reserved for Regulated Firms in Hong Kong

    What Is Overleveraging in Forex and How to Avoid It?

    • June 12, 2025
    What Is Overleveraging in Forex and How to Avoid It?

    MetaQuotes’ MT5 Update Lands Weeks After China Connectivity Woes

    • June 12, 2025
    MetaQuotes’ MT5 Update Lands Weeks After China Connectivity Woes

    How to Choose Lot Size Based on Account Type?

    • June 12, 2025
    How to Choose Lot Size Based on Account Type?

    The Future of B2B Payments: Will Blockchain Finally Solve Cross-Border Payment Inefficiencies?

    • June 12, 2025
    The Future of B2B Payments: Will Blockchain Finally Solve Cross-Border Payment Inefficiencies?