Oil industry executives have voiced that reviving Venezuela's oil production will be a long and costly process. Companies will need stable, legally defined frameworks, security for investments, and ...

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 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 ...