U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

US crude oil inventories for the week ended Jan. 31 increased by 8.7 million bbl from the previous week, according to data from the US EIA.

Crude oil inventories in the United States saw ... motor gasoline, the EIA estimated that inventories rose by 3.0 million barrels for the week to January 24, with production averaging 9.2 million ...

EIA expects crude oil production to increase in 2025 and 2026, both globally and in the United States. EIA estimates U.S. crude oil production averaged a record 13.2M barrels per day in 2024 and ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

The agency said it now expects U.S. crude oil production to average 13.55 million barrels per day (bpd) in 2025, up from its prior estimate of 13.52 million bpd. EIA also lowered its estimate on ...

As such, it is worth taking a moment to re-hash some of the signals pointing to slowing US production. On face value, the EIA’s monthly production data (as of October) shows US oil production ...

Strong US oil demand in October was the biggest surprise in the EIA's Petroleum Supply ... Natural gas production from US Lower-48 states averaged 115.87 billion cubic feet per day (bcfd), up ...

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.

US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...