Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
US oil production falls in November from record high in October, EIA says
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
Energy executives see Permian oil production growth slowing despite Trump's plan
Energy executives forecast Permian Basin oil production growth will slow by 25% in 2025 despite Trump's plan.
The New York Times28d
Why Oil Industry Jobs Are Down, Even With Production Up
New technology is letting them oversee drilling, fracking and production from afar ... t see a lot of job growth in just the basic act of producing oil and natural gas,” Chris Wright, chief ...
Seeking Alpha26d
Global Monthly Crude Oil Production Peaked In 2018, Yet Institutions Are Forecasting A Glut
The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is ...