*US crude and condensate output rebounded in March from the storms that knocked some 1.2mn b/d from February production, including 800,000 b/d in the key producing state of Texas (MEES, 7 May).
*Having slumped by almost 3mn b/d due to shut ins as demand and prices crashed in Q2 last year, output partly recovered from Q3. But output remains some 1.9mn b/d below the record of 12.86mn b/d hit in November 2019. (CONTINUED - 266 WORDS)
