EIA Monthly Data Shows A Dip In U.S. Oil ProductionBy Julianne Geiger - Apr 29, 2022, 4:03 PM CDT Updated: Apr 29, 2022, 4:09 PM CDT We only concern most up-to-date info not from last November. Weekly U.S. crude oil production figures by the Energy Information Administration are a closely watched data set, but monthly production figureswhich lag by monthsoften are seen as painting a more accurate picture of true production. And the most recent data shows that U.S. crude oil production is on the decline as of February. According to EIA data, U.S. crude oil production dipped in February to an average of 11.312 million barrels per daya 457,000 bpd decline from November 2021. Januarys average monthly production was also down, to 11.362 million bpd compared to 11.604 million bpd on average in December. In fact, the monthly data shows that production has been declining since November 2021. And data shows that U.S. production is still a far cry from where it was in 2019 prior to the pandemic. more details @ https://oilprice.com/Latest-Energy-News/World-News/EIA-Monthly-Data-Shows-A-Dip-In-US-Oil-Production.html