Total crude oil production from the OPEC+ alliance fell by 439,000 barrels per day in January, primarily driven by a significant drop in output from Kazakhstan. Kazakhstan’s production plummeted after ...
The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC oil-producing countries. The world’s October oil production decreased by 67 kb/d ...
Brazil aims to become the world's fourth-largest petroleum producer by the end of the decade, a goal supported by its 2025 membership in OPEC+ and access to strategic development resources. The ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
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.
The EIA noted in its latest STEO that 'higher crude oil prices lead to more U.S. crude oil production' in its forecast.