US Crude Oil Output Rose in July; Demand Declined, EIA Reports
In July, US crude oil production increased to 13.95 million barrels per day, up from June. Despite this rise, demand for crude oil and petroleum products fell to 20.61 million barrels per day. Gross natural gas production reached 137.0 billion cubic feet per day, with Texas output rising to 40.1 billion cubic feet, while Pennsylvania saw a slight decline.
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