Over the past two months, payrolls in the U.S. have rebounded 7.5 million, as businesses reopened.
Wall Street Pump and Valve Industry Watch
Suppliers' deliveries to manufacturers was slower in May due to plant shutdowns, transportation challenges and importing difficulties.
Gross domestic product in the U.S. declines at an annualized rate of 4.8 percent in the first quarter of the year.
EIA expects U.S. crude oil production to average 13.2 million barrels per day in 2020.
