U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

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 ...

The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...

The EIA slightly raised its estimate for record U.S. oil production this year, to 13.55 million barrels per day, from its prior estimate of 13.52 million bpd. U.S. crude prices are expected to ...

Trump’s executive orders aim to boost U.S. oil and gas production ... to a record 13.46 million bpd, in October, in line with demand growth, according to the U.S. Energy Information ...

Global oil production is likely to outstrip demand over the next two years, the US Energy Information Administration (EIA ... US crude production hit a record 13.2 million bpd in 2024.

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

The US oil market seems to be easing. The signs since our last report, tend to point to that direction, as on Friday we saw the Baker Hughes oil rig count showed a reduction of active US oil rigs, ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

The U.S. Energy Information Administration (‘EIA’) has released its latest Short-Term Energy Outlook (STEO), offering a detailed forecast of oil and natural gas markets through 2026. The report ...