According to the EIA, U.S. crude oil production averaged 13.0 million barrels per day (b/d) last week, down by 100,000 b/d from the previous week and up by about 900,000 b/d year-on-year.
Oil prices extended gains on Wednesday as investors are hopeful the United States would approve a massive economic aid package amid the coronavirus fallout.
The West Texas Intermediate for May delivery rose 0.48 U.S. dollar to settle at 24.49 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery climbed 0.24 dollar to close at 27.39 dollars a barrel on the London ICE Futures Exchange.
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