June World Oil Production Rebounded

The World’s June oil production rose by 4,386 kb/d to 78,371 kb/d due to the partial reopening of the Hormuz Straits and ...
Crude Oil Prices

How U.S. Control of Venezuela Threatens Ecuador’s Broken Oil Industry

Ecuador's oil production is in decline due to aging, corroded infrastructure, which has caused frequent pipeline shutdowns and significant drops in output. The country is fiscally challenged, ...
Forbes

The U.S. Is Both The World’s Top Oil Producer And Top Consumer

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This voice experience is generated by AI. Learn more. This voice ...
Rigzone

Which USA Oil Major Produced the Most in 2Q 2026?

Which U.S. oil major produced the most in the second quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips? According to their second quarter results statements, Exxon took top spot, with 4.514 ...
Crude Oil Prices

Argentina’s Oil Production Soars as Vaca Muerta Breaks New Records

Argentina posted record oil production in May 2026 as Vaca Muerta continues to drive rapid growth. Billions of dollars in investment from YPF and private producers are accelerating shale development ...