U.S. crude oil output jumped 14.3% to 11.2 million barrels per day (bpd) in March from 9.8 million bpd in February, the U.S. Energy Information Administration (EIA) said in its monthly 914 production report on Friday. Output sank 1.3 million bpd in February when extreme weather froze natural gas and oil wells and cut power supplies to million of customers in Texas and other South Central U.S. states. That 1.4 million bpd increase in March was the biggest monthly gain on record, according to EIA data going back to 2005. Most of the increases were in the biggest producing states with Texas up 26.4% to an 11-month high of 4.7 million bpd and New Mexico up 17.6% to a record 1.2 million bpd. In North […]