World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

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

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

Permian Resources surpasses oil production expectations for 2024 due to acquisitions and improved capital efficiency, ...

NEW YORK, Jan 14 (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 ...

In the outlook, the EIA predicted weaker oil prices this year and next, citing expectations that OPEC will roll back its production cuts and non-OPEC oil producers will continue raising their ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

Guyana’s oil production is on track for one million barrels per day by 2027. Further, gas resources will be utilised as planned, by the Gas-to-Energy (GtE) project in Wales with government ...

Energy Information Administration expects oil production to increase through 2026. The U.S. Energy Information Administration's first Short-Term Energy Outlook report of 2025 brings generally ...