But then the first Model T Ford rolled off the production line at the turn of the century and forever cemented the centrality of oil and its derivatives in the making of the modern world.

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

The report received considerable media attention because of the projection that by 2030 oil production will reach “a staggering 8 million barrels per day above projected global demand.” ...

As of April 2024, the world's oil production and consumption figures highlight the leading countries in these sectors, showcasing their roles in both producing and consuming oil. The total world ...

International Energy Statistics reports the U.S. produced more crude oil than any other nation at any point in history at ...

Despite the impact the pandemic had on U.S. oil production, the U.S. remained the world's top oil producer at 11.3 million BPD. 2 Russia and Saudi Arabia retained their positions at #2 and #3.

President-elect Donald Trump will have trouble meeting his pledges to massively increase oil production — even ... The fact that the U.S. is already the world’s biggest oil producer and ...

Global oil markets ... brings back production and output from the U.S., Canada and Guyana continues to grow, the U.S. government said in its first set of forecasts for next year. World oil markets ...

BP projected an increase in oil production by 44% to 65.41 million tons and gas output by 89% to 112.63 BCM from the Mumbai High field, which was discovered in 1974. India, the world's third ...

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless ... to fracture a world economic order that once ...