The chart shows annual production by country from 1990 to 2023. The US has been the largest producer ... Review of World Energy. Explore more oil production data here.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...

Despite Trump's desire to increase drilling, US oil and gas companies are likely to prioritise shareholder returns and cut ...

Baker Hughes noted that oil rig numbers decreased by six to 472, while gas rigs saw a slight increase of one, reaching 99. In ...

Still, the pace of growth of US oil output is moderating, analysts said. Annual oil production growth in the US is tracking around 300,000 to 400,000 bpd in 2024, versus nearly a million bpd in ...

In 2026, prices at the pump will fall further, to an annual average of $3. ... There will also be strong growth in oil production in general, including in the US's oil-rich Permian region, the ...

Trump uses his first day in office to lay groundwork for what he has said will be a new era of US "energy dominance," but there are limits to his impact.