U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.
FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...
Total crude oil production from the OPEC+ alliance fell by 439,000 barrels per day in January, primarily driven by a significant drop in output from Kazakhstan. Kazakhstan’s production plummeted after ...
OPEC is network of oil-producing nations formed in 1960 with the aim of stabilising oil prices in ways that reduce ...
In its latest STEO, the EIA projected that total U.S. crude oil production will drop in 2026 and 2027. In its latest short term energy outlook (STEO), which was released on January 13, the U.S. Energy ...
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