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 ...

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

In 2023, U.S., Saudi Arabia and Russia were responsible for 40% (32.8 million bpd) of the world’s crude oil output, followed by Canada, Iraq and China. Russian production, according to the EIA ...

HOUSTON (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy ...

Commodity trading expert Eugene Graner with Heartland Investor Services Inc. said that even though we’re a world leader in ...

U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.

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OPEC+, supplying around half of the world's oil, delayed its output increase to April due to weak demand and rising non-OPEC+ production, including from the US. Additionally, the group extended ...

This could lead to a significant shift in the energy basket of India and the US. The US is the top producer of crude oil in the world ... its domestic crude oil production. However, the plan ...

ALBAWABA - Oil prices rose on Wednesday amid expectations that US oil production will remain largely stable until 2025, easing concerns of an oversupply. Brent crude futures increased by 38 cents ...