For the first two months of 2023, production of crude oil in the U.S. neared pre-COVID levels, according to the U.S. Energy Information Administration.
The production of crude oil in the U.S. in January and February was the most since March 2020 when the pandemic hit.
The U.S. produced 12.54 million barrels of crude oil per day in January and 12.48 million barrels per day in February. That represented the highest levels since 12.80 million barrels per day in March 2020.
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