U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...

Mexican government estimates indicate a rapid decline in oil production after 2030, raising concerns about global energy security. Previous questionable practices by oil producers, such as reserve ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. BIG SPRING, TEXAS - OCTOBER 04: The entrance to the Big Spring ...

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released earlier this month, the U.S. will produce 13.45 million barrels of crude oil ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, a new World Peak Oil All-Time High. For December 2026, production is projected to be 85,665 b/d, an upward revision of 135 kb/d ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA) revealed ...