The global oil market is likely to be under pressure in 2026 as growing supply and weak demand curb prices, and traders ...
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EIA expects US oil output to drop in 2026

The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.
The EIA projects U.S. crude oil production to peak at approximately 14 million bpd in 2027. Shale oil production in the U.S. is also expected to peak in 2027. After the peak, U.S. oil production is ...
U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...
Canada’s oil producer Suncor Energy expects to grow its upstream production next year as it continues to invest in in-situ projects in the oil sands patch. Suncor Energy expects annual upstream ...
(Reuters) -Oil and gas firm Coterra Energy missed Wall Street estimates for third-quarter profit on Monday, as lower oil prices offset a jump in production, but raised its annual production forecast.
The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...
The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in ...
In its May issue Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) expects crude oil prices to fall over much of the forecast period. Brent crude oil spot prices ...
The logo of the Organization of Petroleum Exporting Countries (OPEC) is seen at its headquarters in Vienna, Austria. (Photo: Joe Klamar) Oil producers’ group OPEC+ decided to up its production levels ...
Kolibri Global Energy Inc. faces heightened downside risk due to falling oil prices and a 28% share price decline. See why I ...