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

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 ...

Not only that, but we are also likely to see little production growth in the US over at least the next three to five years. While these dynamics may not have dramatic implications for oil prices ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

However, commodity analysts at Standard Chartered have predicted that the dramatic slowdown in U.S. oil production growth that we witnessed in 2024 will continue over the next two years.

Year-over-year, US oil production rose 2.3 per cent in October, while West Texas Intermediate (WTI) crude futures prices averaged 16 per cent lower during the month, according to Reuters calculations.

US crude oil inventories for the week ended Jan. 24 increased by 3.5 million bbl from the previous week, according US EIA ...

Not only that, but we are also likely to see little production growth in the US over at least the next three to five years. While these dynamics may not have dramatic implications for oil prices ...

NEW YORK (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 its Short ...