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Crude oil production in barrels of oil a day (average for the month) US oil production, imports, & exports Oil product imports by country US natural gas production, imports, and exports Top 8 oil companies quarterly net income or net loss Oil production by state 2021 US energy consumption, by source, 1776–2024.
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]
Looking into 2025, analysts speculate that global demand will continue sliding, especially given China's decelerating oil consumption. That's one reason the global oil surplus could swell to 1.2 ...
US oil production, imports, & exports Oil imports by country US natural gas production, imports, and exports US energy product trade, 2000–2017 Trend of net energy imports into the United States, 1985–2013 Sources of crude oil imports, 1985–2015. United States energy independence is the concept of eliminating or substantially reducing ...
Global oil demand is slowing and will peak by 2030, Bank of America estimates. Even the rollout of power-intensive AI infrastructure won't change this. Appetite for crude will slow as global GDP ...
US oil output hit an all-time high of 13.4 million barrels per day recently, according to weekly federal data. That is just above the peak of 13.1 million barrels per day under Trump.
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Oil swung from gains to losses on Friday as traders weighed the prospects of retaliatory US tariffs with supply implications from stricter US policy against Iran. Oil gained as much as 1% on ...