US liquids output rose m/m by 0.35 mb/d to 18.1 mb/d in April, higher y/y by 2.2 mb/d. NGL and crude production rose m/m by 59 thousand b/d and 0.25 mb/d respectively, with crude hitting a new high of 12.2 mb/d. The m/m change in crude was above our projected production increase of 0.14 mb/d m/m,..
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