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U.S. Oil Production Growth Slowing

The U.S. Energy Information Administration (EIA) released its August report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to drop 93,000 barrels per day from 5.36 million barrels per ...

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U.S. oil production to remain steady despite sagging prices

Oil production in the United States will continue its muscular output despite falling oil prices, according to federal estimates. The national oil boom that sent crude production soaring last year and contributed to plummeting oil prices will continue its steady ...

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US Oil Production is Higher Than We Thought

When oil traders began obsessing earlier this year about U.S. crude production, analysts were quick to sound alarms. Market participants have been eager to discern whether the country’s oil output has peaked. Last year’s swoon in oil prices prompted companies to ...

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US oil production at 43-year high as OPEC prepares to meet

U.S. oil production surged to a 43-year high, despite a price war that resulted in a more than 50 percent reduction in active U.S. oil wells. Oil prices saw downward pressure in volatile trade Thursday morning, after the Department of ...

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