U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

The Permian in West Texas and southeastern New Mexico continues to be the most prolific oil and gas producing basin in the United States ... as the primary production region.

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.

US crude production forecast revised up Crude oil production in the US is expected to average 13.55 million bpd in 2025, up from 13.21 million bpd last year. The figure is around 30,000 bpd higher ...

Distillate fuel production increased, averaging 4.7 million b/d. US crude oil imports averaged 6.4 million b/d, down by 297,000 b/d from the previous week. Over the last 4 weeks, crude oil imports ...

It projects the region's share of US production will grow to account for over half of all US crude oil production in 2026. Meanwhile, as oil production grows, demand will grow but less rapidly ...