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EIA Paints Bearish Picture for Oil Market With Record Supply, Low Demand

Summary by Oil Price

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data.

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U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data.

2 days ago·London, United Kingdom

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Oil Price broke the news in London, United Kingdom 2 days ago on Friday, May 30, 2025.

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