World March oil production increased by 1,063 kb/d to 83,580 kb/d, green graph. The February World oil production projection did a reasonable job in projecting this large increase.

Together, the United States, Russia and Saudi Arabia accounted for 40 percent (32.8 million b/d) of global oil production in 2023.) It seems that Messler and Gregoris are correct in their ...

Line chart showing crude oil production for the U.S. and the Permian While that approach, known as fracking, opened up vast new reserves, it has not upended the basic laws of economics.

The agency projects global oil demand growth of 800,000 barrels a day this year and 1.1 million barrels a day in 2026. Oil production is seen rising by 1.6 million barrels a day this year and by ...

Bashir Ojulari, the head of Nigeria’s state oil company, said he wanted the quota to rise to 2 million barrels per day.

The bank said Saturday's planned increase will widen the global crude oil surplus by another 400,000 b/d to 1.1 million b/d in the second half of this year and to 1.9 million b/d in 2026.

S&P estimates that US oil production will dip to 13.3 million barrels per day in 2026, a 130,000-barrel decline from its 2025 forecast. It would be just the second time in the past decade that US ...

'U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding the 2020 Covid-19 pandemic', an S&P Global analysis ...

World oil production increased by 267 kb/d in February to 82,431 kb/d, green graph. The largest increase came from the Kazakhstan, 254 kb/d, largely offset by Canada’s drop of 232 kb/d.

Shale oil production will peak at 10 MBOPD in 2027, up from about 9.69 MBOPD this year, the EIA said in its Annual Energy Outlook, before declining to around 9.33 MBOPD by 2050.