News

U.S. April oil production increased by 18 kb/d to 13,468 kb/d, a new high. The largest increase came from Texas, offset by a ...
Our Chart of the Day is from YCharts, which shows that US oil production has surged to a new record high of 13.3 million barrels a day last week.. The prior record was 13.2 million barrels a day ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
Production rose at the start of Biden's tenure as the economy reopened, increasing by 7.8% between 2020 and 2021 and 2.8% between 2021 and 2022.
The full impact of the war on the price of oil became apparent only after the Organization of Arab Petroleum Exporting Countries (OAPEC), the oil cartel, imposed a crude embargo on the US in ...
For 2025, Matador Resources expects average daily oil equivalent production to be in the range of 198,000-202,000 Boe/d. This implies a 2% reduction from its previous guidance.
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s December production rose by 24 kb/d to 2,113 kb/d. Alaskaʼs December ...
UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% ...
Nigeria’s daily average oil production rose by 152,000 barrels per day last November 2024. This is according to data sourced from the newly released ...