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3 days ago · July 3, 2024. In 2023, the U.S. set an annual oil (crude oil + condensate) production rate record of 12.927 million barrels/day (mb/d) according to the U.S. Department of Energy/Energy Information Administration (U.S. DOE/EIA or EIA).
5 days ago · Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere's summer driving season and worries that conflict in the Middle East could...
5 days ago · Asia's imports of crude oil ticked lower in the first half of 2024 from the same period last year, defying expectations that the top-consuming continent would lead global demand growth.
2 days ago · World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals...
5 days ago · The Ohio Department of Natural Resources (ODNR) released production numbers for the first quarter 2024 yesterday. Oil production, led by Encino Energy wells, is the headline news. Oil production from Encino represented 51.3% of all Ohio Utica oil production in 1Q.
3 days ago · This Week in Petroleum. Release Date:July 3, 2024Next Release Date:July 10, 2024. Download data Past Weeks Release schedule Print. PricesCrude OilGasolineDistillatePropane. Notice: Futures Prices after April 5, 2024, are not available.
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5 days ago · U.S. crude oil production grows in our forecast by 2% from 2023 to an annual average of 13.2 million barrels per day (b/d) in 2024 and by another 4% in 2025 to 13.7 million b/d. Increasing production is led by the Permian region, which is the source of almost 50% of domestic crude oil production, followed by the Eagle Ford region and the ...
