The Energy Information Administration (EIA), which released data on Friday, showed that U.S. crude oil production reached a new record in ...

It’s widely acknowledged just how prolific the Permian Basin is in producing crude oil and natural gas. A new report from the U.S. Energy Information Administration shows just how prolific the Permian ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in the oil market has been on the upside since the Organization of the ...

(The Center Square) – The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information ...

The new plan is a stark reversal from the Biden administration, which cut down on the number of federal land leases and added ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 ...

— -- Given America's new oil rush, it would seem the best of times for gas prices. But with $4-per-gallon sticker shock, it might feel like the worst of times. How can this be? The question is ...

(Update) November 6, 2025, 7:05 PM GMT: Adds detail about decline in number of workers. US shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding out ...

U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday ...