Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

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 ...

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

US crude production forecast revised up Crude oil production in the US is expected to average 13.55 million bpd in 2025, up from 13.21 million bpd last year. The figure is around 30,000 bpd higher ...

Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline ...

EIA forecasts continued increasing US crude oil production in 2025 and 2026. In 2026, production growth begins to slow as drilling and completion activity is reduced in response to sustained lower ...

predicting a rise in global oil production by 970,000 barrels per day, which surpasses the growth in demand. Consequently, the EIA has adjusted its price forecasts downward, with Brent crude now ...

Similarly, WTI crude oil (CL) rallied, breaking the key resistance level of around $78. Meanwhile, US crude inventories ... and long-term production forecasts will shape the oil market, with ...

Reuters last year reported that crude oil pumped in the Permian ... that Energy Aspects has a rather conservative forecast for U.S. oil production growth over the next four years.

it will be via NGLs and natural gas as opposed to crude oil). And perhaps more importantly, plateauing US oil production reduces the likelihood of any OPEC+ disunity and allows the cartel to bring ...

Also, today's +18% surge in nat-gas prices to a 1-year high is supporting gains in crude after the National Weather Service forecast ... seasonal average. US crude oil production in the week ...