The U.S. energy sector achieved a historic milestone in 2024, surpassing the previous year's record for oil production, ...

The anticipated demand decline would reduce producers' investment rates, he said, decreasing near-term oil production as well as carbon emissions. "The long time horizons of oil investments will ...

The OPEC+ oil producers' alliance has postponed plans ... will now extend their 2.2 million-barrel-per day voluntary production decline into the first quarter, and will begin hiking production ...

U.S. oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand ...

Interpretating production weakness as permanent is not new: many peak oil advocates who seized on every decline in world oil or Saudi oil production as representing the permanent peak rather than ...