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

The charts are created from data provided by the EIA’s International Energy Statistics and are updated to September 2024. This is the latest and most detailed/complete World oil production ...

The global peak in oil production was reached in November 2018 ... is already prevalent as shown in the EIA global supply/demand chart. It will provide both the EIA & IEA with a factor that ...

Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Explore the new U.S. energy policy shifting from net-zero to energy abundance, boosting production, LNG exports, grid ...

In its Short-Term Energy Outlook, the EIA said it expected global oil production to add 1.8 million barrels daily this year and another 1.5 million barrels daily in 2026. In the United States ...

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.

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.

The agency says the global oil glut will expand in the next two years, putting downward pressure on energy prices. Oil production has been high, and is expected to increase further with output ...