U.S. oil producers remained active through January, with output last week holding at a pandemic-era high as it did across the month and in late 2022.

The U.S. Energy Information Administration (EIA) said Wednesday production for the period ended Jan. 27 stood at 12.2 million b/d – on par with the prior week and the average for the past month. That matched the high mark reported by EIA since the onset of coronavirus outbreaks in the spring of 2020, data from EIA’s latest Weekly Petroleum Status Report showed.

The latest print also topped the year-earlier level of 11.5 million b/d, though production continued to trail the pre-pandemic record of 13.1 million b/d set in early 2020.

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