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US crude oil output rose in July, while petroleum demand declined, EIA says
Economic Times 42 min ago·30 Sept 2026, 5:46 pm
In July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand for crude oil and petroleum products dropped to 20.61 million barrels per day. Meanwhile, gross natural gas production reached a remarkable 137.0 billion cubic feet per day, with Texas's output increasing to 40.1 billion cubic feet per day, contrasting slightly with a decline in Pennsylvania.
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