The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

The price of North Dakota oil will be slightly lower. North Dakota oil production is sold at a slight discount relative to ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S. history, according to U.S. Energy Information Agency data.

Wells drilled by Encino Acquisition Partners’ Ohio affiliate produced more than 1.5 million barrels of oil in 2024.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

Chinese officials have vowed to stabilise grain production and increase soybean oilseed production capacity, readouts of ...

Argentina has overtaken Colombia as South America’s fourth-largest oil producer, driven by rapid shale development in the ...

Nigeria produced a total of 443.25 million barrels of crude oil between January and October 2025, according to crude oil and condensate production data from the Nigerian Upstream Petroleum Regulatory ...