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(The Center Square) – The U.S. oil industry broke another production record this year, averaging 13.4 million barrels per day (b/d) of crude oil in August, according to a new U.S. Energy ...
Global oil output is forecast to average 104.2 million bpd in 2025, down from the prior forecast of 104.7 million bpd, according to the report. The EIA now expects spot Brent crude prices to ...
On Monday the Energy Information Administration (EIA) reported The Permian was forecast to add 8,000 barrels of oil per day (bopd) in April for a total of about 6.1 million bopd.
Last month, weekly US oil production hit 13.2 million barrels per day, according to the US Energy Information Administration. That’s just above the Donald Trump-era record of 13.1 million set in ...
Altogether, non-OPEC producers are on track to expand oil production by 1.5 million barrels a day, it estimated. That amount is more than the agency's forecast for world oil consumption to grow by ...
The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
In its November Short-Term Energy Outlook, the EIA projects domestic crude oil production will increase to 13.53 million barrels per day (b/d) in 2025, a record high. The EIA projects that ...