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Dec 18, 2023 · Monthly new-well oil production per rig in the United States from April 2021 to April 2024, by basin (in barrels per day) Basic Statistic Crude oil energy production outlook in the U.S. 2022-2050
Feb 5, 2024 · Oil supermajors recover from 2020 pandemic low Big Oil generated a combined revenue of over 1.68 trillion U.S. dollars in the 2022 fiscal year, with U.S.-based ExxonMobil spearheading the group.
Jun 11, 2021 · Highlights. Global oil demand is set to return to pre-pandemic levels by the end of 2022, rising 5.4 mb/d in 2021 and a further 3.1 mb/d next year. The OECD accounts for 1.3 mb/d of 2022 growth while non-OECD countries contribute 1.8 mb/d. Jet and kerosene demand will see the largest increase (+1.5 mb/d y-o-y), followed by gasoline (+660 kb/d y ...
Mar 8, 2022 · Since 2018, the United States has been the world’s largest producer of oil and natural gas. On paper, “we are energy independent,” John Hess, the CEO of Hess, said yesterday at CERAWeek, the ...
Mar 17, 2021 · As a result, Asian crude oil imports are projected to surge to nearly 27 mb/d by 2026, requiring record levels of both Middle Eastern crude oil exports and Atlantic Basin production to fill the gap. The centre of gravity for refined products trade is also set to shift to Asia, resulting in the region’s oil import dependence rising to 82% by 2026.
Mar 17, 2021 · A stronger economy and vaccine deployment will support growth in 2H21, reducing the oil demand gap vs 2019 from 4.8 mb/d in 1Q21 to 1.4 mb/d in 4Q21. Global oil supply fell 2 mb/d in February to 91.6 mb/d after a cold snap shut in US production and Saudi Arabia made an extra cut of 1 mb/d.
May 16, 2022 · America’s northern neighbor, Canada, is the largest source of petroleum imports at 1.58 billion barrels in 2021. These made up more than 51% of U.S. petroleum imports, and when counting only crude oil imports, Canada’s share rises to 62%. The second-largest contributor to U.S. petroleum imports was another neighbor, Mexico, with 259 million ...
