U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...

Argentina's Vaca Muerta shale formation has seen a tenfold increase in oil production, making the country South America's third-largest oil producer. Foreign investment and major infrastructure ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...