US oil production rose to record high in April, EIA says

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US crude oil production rose to 13.93 million barrels per day (bpd) in April, the highest on record, monthly data from the Energy Information Administration (EIA) shows, as producers ramp up output in response to higher oil prices owing to the Iran war, Reuters reports.

Production rose by 216,000 barrels per day in April, EIA data shows, with production in New Mexico touching a record high of 2.37 million bpd.

Crude production in Texas edged 36,000 bpd higher to 5.83 million bpd, the highest since November. Texas and New Mexico are home to the Permian Basin, which accounts for roughly half of US crude output.

Output from North Dakota, the third largest producing state, also rose to 1.13 million bpd, the highest since November.

US crude futures are trading around $70 a barrel. It had traded as high as $117.63 in April.

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