OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

U.S. oil production is setting new records, but the rate of growth is slowing down for the first time in 20 years without an external crisis, driven by internal factors. The slowdown is attributed to ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. Texas’ October production decreased by 45 kb/d to 5,753 kb/d, according to the EIA, and is 87 kb/d lower than ...