U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

The headline total liquids production numbers hide the peak in crude oil supplies, and the peak is assumed to be artificial due to OPEC + cuts. Not all ... EIA global supply/demand chart.

World oil production decreased ... Looking more closely at production from all 230 countries three stand out. See next chart. This chart shows the oil production from Argentina, Guyana and Venezuela.

Earlier this month BP released its Statistical Review of World ... production numbers are for crude oil and lease condensate. The U.S. also leads all countries in the production of natural gas ...

Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, according to a report by the US Energy Information Administration.

Global liquid ... half of all US production by 2026. “The expected production growth in the Permian in 2026 will be offset by contraction in other regions,” the EIA said. Global oil ...