Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Our Chart of the Day is from YCharts, which shows that US oil production has surged to a new record high of 13.3 million barrels a day last week.. The prior record was 13.2 million barrels a day ...

Production rose at the start of Biden's tenure as the economy reopened, increasing by 7.8% between 2020 and 2021 and 2.8% between 2021 and 2022.

UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% ...

U.S. March oil production increased by 248 kb/d to 13,488 kb/d, a new high. The largest increases came from Texas and New Mexico. Click to read.

For 2025, Matador Resources expects average daily oil equivalent production to be in the range of 198,000-202,000 Boe/d. This implies a 2% reduction from its previous guidance.

The information and opinions expressed below are based on my analysis of price behavior and chart activity. Tuesday, June 24, ...

Driven by the shale boom, the United States in 2014 will hit its highest daily oil production level since 1988 and the nation's oil output will grow faster than ever, the U.S. Energy Information ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s December production rose by 24 kb/d to 2,113 kb/d. Alaskaʼs December ...

Nigeria's daily oil production fell again in May, threatening the ambitious 2mbpd target. Experts analyze the setback and the implications for the country's economy.

Successful Infrastructure Improvements and Upgrades Positively Impact Oil Production HOUSTON, TX / ACCESSWIRE / October 3, 2024 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company ...

ALMATY, Feb. 5 (Xinhua) -- Daily oil production at the Tengiz field in January increased to 870,000 barrels, according to a press release from the Ministry of Energy of Kazakhstan on Wednesday.