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U.S. Crude Oil Output Hits Record in April as Refining Margins Tighten

OilPrice

crude oil production surged to an all-time high of 13.24 over March volumes reinforces America’s standing as the world’s top oil producer and follows months of steady gains driven by improved drilling efficiencies and stronger prices. The increase of 0.4%

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Kenya Plans to Launch Crude Oil Exports in 2026

OilPrice

Kenya hopes it will begin commercial crude oil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin.

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EIA Report Shows US Crude Oil Inventories Shrinking

OilPrice

Crude oil inventories in the United States decreased by 3.0 The EIA’s data release follows API’s figures that were released a day earlier, which suggested that crude oil inventories shrank by 4.2 Crude prices were trading… million barrels during the week ending August 1, according to new data from the U.S.

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EIA Backs up API With Shocking Rise of US Crude Oil Inventories

OilPrice

Crude oil inventories in the United States increased by 7.1 Crude prices were trading down ahead of the report, after the American Petroleum Institute (API) on Tuesday estimated a surprise 7.1-million-barrel million barrels during the week ending July 4, according to new data from the U.S. million-barrel…

API
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U.S. crude oil inventories decrease by 3.2 million barrels

Oil & Gas 360º

Weekly Crude Oil Storage as of July 18, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.2 crude oil refinery inputs averaged 16.9 Over the past four weeks, crude oil imports averaged about 6.3 At 419 million barrels, U.S.

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Goldman: The Boom Years of U.S. Oil Output Growth Are Over

OilPrice

crude oil production are behind us, in large part due to the maturing of the biggest growth engine, the Permian, according to Goldman Sachs. The years of very rapid growth in U.S.

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U.S. Crude Oil Output Set New Record in May: EIA

OilPrice

crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year.