Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

World Oil Production Statistics By Euan Mearns - Jan 08, 2015, 2:59 PM CST This is the first in a monthly series of posts chronicling the action in the global oil market in 12 key charts.

World crude oil and condensate (C+C) production increased by 524,000 barrels per day in February 2023, reaching a post-pandemic high. OPEC+ produced 58% of world oil C+C production in February ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Here is another troubling and inconvenient fact: World oil production —using the proper definition which the EIA follows of crude oil including lease condensate—peaked in November 2018 at 84. ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...

The Kingdom of Saudi Arabia is often cited as the world's largest oil producer, producing 13.24% of the oil consumed in the entire world daily.

As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that.

U.S. oil and gas production is increasing ... "The fact is we have nearly 100,000 producing wells in the United States of current ... "What we know is that America is the leader in the world in ...

U.S. oil production grew by 1.2 million BPD in 2019, taking over the top spot from Russia. Cumulatively the Big Three — U.S., Russia, and Saudi Arabia — produced 40.5% of the world’s oil.

As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is at a record level. But it comes at a time when the U.S. is ...