Crude oil production in the United States fell in November, new data from the Energy Information Administration shows. U.S. crude oil production fell to an average of 12.375 million bpd in November—down 35,000 bpd from the month prior. It is the latest monthly production data to be released by the EIA. It is the highest average monthly production level since March 2020. In November 2019, U.S. crude oil production reached an all-time high of 13 million bpd, but fell spectacularly in early 2020 after the pandemic set in. EIA figures for the…
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