The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought.

The EIA projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest short term energy outlook. Image by Pakhomov ...

The U.S. Energy Information Administration predicts a sharp drop in benchmark crude oil prices in the fourth quarter as the Organization of the Petroleum Exporting Countries and its allies accelerate ...

The US Energy Information Administration has increased its forecast for the country's 2026 oil output and warned that global inventories will further swell next year. US production should average 13.6 ...

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 May oil production decreased by 6 kb/d to 83 ...

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 April oil production decreased by 422 kb/d ...