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(World Oil) – U.S. crude oil production is on track to reach a record average of 13.8 MMbpd in 2026, driven by continued […]
He said the number of active drilling rigs had risen from fewer than 10 when the current administration assumed office to more than 70.
Omani oil production has settled at record highs of 1.7mn b/d. Although Muscat appears unable to push output any higher, export revenues are...
By Naveen Athrappully The United States is expected to output a record 13.8 million barrels per day (b/d) of crude oil in 2026, with four new oil production projects expected to co...
Abu Dhabi raised total oil production, including condensates, by 400,000 barrels a day to 5.3 million, the IEA said in a monthly report.
Weekly Crude Oil Storage as of October 25, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
(BOE Report) – Oil and gas production in the key producing states of Texas, Louisiana and New Mexico rose in […]
Weekly Crude Oil Storage as of August 21, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
The UAE continues to produce above pre-conflict levels as its oil sector shows considerable resilience. Production averaged 3.91mn b/d in Se...
There are few commodities that transport a similar amount of value, as does crude oil. It is an ingredient in gasoline, diesel, jet fuel…Continue reading on Medium »
MUSCAT, OCT 24 The gap between this year’s sharp rise in Oman’s oil production and its far slower export growth should not be read as a simple shift towards refining, Ali bin Abdul...
(World Oil) – Guyana’s oil production has climbed above 900,000 bpd and is on track to approach 1.7 MMbpd by the end of the decade […]
Omani state-led upstream firm PDO has raised oil production to take advantage of the record prices Omani crude has fetched this year. The Ho...
Weekly Crude Oil Storage as of September 18, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
(Oil & Gas 360) –В West Texas Intermediate crude oil came under pressure Monday as traders reassessed near-term supply expectations, bringing […]
Egypt’s crude and condensate production was virtually unchanged at 525,300 b/d in August, down 520 b/d month-on-month, Ministry of Petroleum...
The kingdom reported to OPEC that crude output fell by 1.9 million to 6.238 million barrels per day in August.
MUSCAT : The average price of Oman’s oil also increased by 15.7 percent to US$ 83.9 per barrel by the end of July 2026, up from US$72.5 per barrel during the corresponding period l...
(World Oil) – Canadian oil sands production is expected to average a record 3.5 MMbpd in 2026, up approximately 100,000 bpd, […]
Weekly Crude Oil Storage as of October 16, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
Nigeria has met its OPEC crude oil production quota for the fifth consecutive month, with daily production peaking at 1.84 million barrels in September 2026. Data from the Nigerian...
The commission also outlined plans to boost crude oil production by restoring more than 788,000 barrels per day of shut-in production and advancing offshore projects worth an estim...
The United States exported 10.7 million barrels of oil per day in 2025, while the Middle East supplied 29% of the global total.
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