OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
The chart shows annual production by country from 1990 ... from the Energy Institute’s Statistical Review of World Energy. Explore more oil production data here.
And financing deals for climate-focused companies are shrinking even as global investment ... of rigs drilling for oil, a measure that can help gauge the country’s production, and the Primary ...
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
Since 2018, the U.S. has been the world’s top oil producer, outpacing both Saudi Arabia and Russia. In 2023, U.S. crude oil plus condensate production averaged 12.9 million barrels per day (BPD ...
In its long-term oil demand outlook, Vitol said Monday that global oil demand could reach almost 110 million b/d at the end of 2030 and is likely to remain at that level until it begins to decline ...
March WTI crude oil (CLH25 ... and OPEC+' s decision to delay production increases. Monday night's comments from President Trump could start a global trade war that threatens economic growth ...
NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...
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.
as we expect that global oil production will grow more than global oil demand," the agency said in its short-term energy outlook, published Tuesday. The agency sees global oil production growing ...
The recent move higher in oil prices is likely to be temporary as higher production causes benchmark crude prices to fall from their 2024 levels this year and next, the U.S. Energy Information ...