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Weekly Crude Oil Production in the United States increased to 13314 Thousand Barrels Per Day in July 25 from 13273 Thousand Barrels Per Day in the previous week. This dataset includes a chart with historical data for the United States Weekly Crude Oil Production.
On June 16, 2025, the Brent crude oil price stood at 72.89 U.S. dollars per barrel, compared to 71.77 U.S. dollars for WTI oil and 73.15 U.S. dollars for the OPEC basket. Crude oil prices rose slightly compared to the previous week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (whereby a contract is agreed upon, while the product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.
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The EIA weekly oil production report provides important data, insights, and estimates on the trends and changes in oil production in the United States. It covers aspects such as total crude oil production, production changes, and production estimates, serving as a valuable resource for analysts, investors, and policymakers in the energy industry.
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United States Petroleum Supply: Crude Oil: Domestic Production data was reported at 11,700.000 Barrel/Day th in 16 Nov 2018. This stayed constant from the previous number of 11,700.000 Barrel/Day th for 09 Nov 2018. United States Petroleum Supply: Crude Oil: Domestic Production data is updated weekly, averaging 6,603.000 Barrel/Day th from Jan 1983 (Median) to 16 Nov 2018, with 1869 observations. The data reached an all-time high of 11,700.000 Barrel/Day th in 16 Nov 2018 and a record low of 3,813.000 Barrel/Day th in 30 Sep 2005. United States Petroleum Supply: Crude Oil: Domestic Production data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB018: Petroleum Supply: Weekly Report.
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Key information about United States Crude Oil: Production
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United States Petroleum Supply: Refiner Inputs & Utilization (RIU): Crude Oil (CO) data was reported at 17,285.000 Barrel/Day th in 20 Jul 2018. This records an increase from the previous number of 17,239.000 Barrel/Day th for 13 Jul 2018. United States Petroleum Supply: Refiner Inputs & Utilization (RIU): Crude Oil (CO) data is updated weekly, averaging 14,531.000 Barrel/Day th from Aug 1982 (Median) to 20 Jul 2018, with 1869 observations. The data reached an all-time high of 17,816.000 Barrel/Day th in 22 Jun 2018 and a record low of 10,639.000 Barrel/Day th in 06 Jan 1984. United States Petroleum Supply: Refiner Inputs & Utilization (RIU): Crude Oil (CO) data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.RB020: Petroleum Supply: Weekly Report: Inputs and Production.
In 2024, oil production in the United States reached **** million barrels per day, the highest value within the period of consideration. The United States currently produces more oil than any other country in the world. Why has U.S. oil production increased? As U.S. oil production has more than doubled since the 2008 recession, imports of crude oil to the United States have decreased. An upsurge in foreign oil prices during the financial crisis, particularly from OPEC countries located mainly in the Middle East, motivated the U.S. energy industry to find ways to increase production domestically. Developments in extraction technology During the recession, investors took advantage of low-interest rates to develop costly oil extraction processes such as hydraulic fracturing. Also known as “fracking,” this extraction method made it possible to access shale oil deep underground that was once out of reach. Texas and New Mexico are major sites of shale reserves and have thus become the two largest oil-producing states in the country.
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United States Petroleum Supply: Crude Oil: Domestic Production: Alaska data was reported at 503.000 Barrel/Day th in 16 Nov 2018. This records an increase from the previous number of 499.000 Barrel/Day th for 09 Nov 2018. United States Petroleum Supply: Crude Oil: Domestic Production: Alaska data is updated weekly, averaging 569.000 Barrel/Day th from Sep 2003 (Median) to 16 Nov 2018, with 793 observations. The data reached an all-time high of 1,011.000 Barrel/Day th in 24 Oct 2003 and a record low of 239.000 Barrel/Day th in 14 Jan 2011. United States Petroleum Supply: Crude Oil: Domestic Production: Alaska data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB018: Petroleum Supply: Weekly Report.
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United States Crude Oil Supply: Field Production data was reported at 11,142.000 1000 Barrel/Day in Oct 2018. This records an increase from the previous number of 11,047.000 1000 Barrel/Day for Sep 2018. United States Crude Oil Supply: Field Production data is updated monthly, averaging 7,435.340 1000 Barrel/Day from Jan 1973 (Median) to Oct 2018, with 550 observations. The data reached an all-time high of 11,345.511 1000 Barrel/Day in Aug 2018 and a record low of 3,973.586 1000 Barrel/Day in Sep 2008. United States Crude Oil Supply: Field Production data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB016: Petroleum Overview.
The global demand for crude oil (including biofuels) in 2024 amounted to 103.75 million barrels per day. The source expects economic activity and related oil demand to pick up by the end of the year, with forecast suggesting it could increase to more than 105 million barrels per day. Motor fuels make up majority of oil demand Oil is an important and versatile substance, used in different ways and in different forms for many applications. The road sector is the largest oil consuming sector worldwide. It accounts for nearly one half of the global demand for oil, largely due to reliance on motor spirits made from petroleum. The OPEC projects global oil product demand to reach 120 million barrels per day by 2050, with transportation fuels such as gasoline and diesel expected to remain the most consumed products. Diesel and gasoil demand is forecast to amount to 32.5 million barrels per day in 2050, up from 29 million barrels in 2023. Gasoline demand is forecast at 27 million barrels by 2050. Differences in forecast oil demand widen between major energy institutions Despite oil producing bodies such as the OPEC seeing continued importance for crude oil in the future, other forecast centers have been more moderate in their demand outlooks. For example, between the EIA, IEA, and OPEC, the latter was the only one to expect significant growth for oil demand until 2030.
Weekly, monthly, and annual data on crude oil, gasoline, diesel, propane, jet fuel, ethanol, and other liquid fuels. Domestic and international data on petroleum prices, crude reserves and production, refining and processing, imports/exports, stocks, and consumption/sales.
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Weekly oil production data provides essential insights into the state of the oil industry, helping stakeholders make informed decisions and navigate the complexities of the global energy landscape.
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Crude Oil: Processed: Weekly: China National Petroleum Corporation (CNPC) data was reported at 375.982 Ton tt in 02 May 2025. This records an increase from the previous number of 374.813 Ton tt for 25 Apr 2025. Crude Oil: Processed: Weekly: China National Petroleum Corporation (CNPC) data is updated daily, averaging 340.675 Ton tt from Jan 2021 (Median) to 02 May 2025, with 226 observations. The data reached an all-time high of 400.420 Ton tt in 01 Sep 2023 and a record low of 286.270 Ton tt in 29 Jul 2022. Crude Oil: Processed: Weekly: China National Petroleum Corporation (CNPC) data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Crude Oil: Capacity and Production.
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Crude Oil: Processed: Weekly: Independent Refineries: Northwest China data was reported at 33.220 Ton tt in 09 May 2025. This records an increase from the previous number of 32.800 Ton tt for 02 May 2025. Crude Oil: Processed: Weekly: Independent Refineries: Northwest China data is updated daily, averaging 33.200 Ton tt from May 2020 (Median) to 09 May 2025, with 262 observations. The data reached an all-time high of 39.050 Ton tt in 03 Jul 2020 and a record low of 23.670 Ton tt in 30 Jun 2023. Crude Oil: Processed: Weekly: Independent Refineries: Northwest China data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Crude Oil: Capacity and Production.
This dataset contains information about world oil production for OPEC, OECD and the major non-OPEC producers. for 1983-2021. Data from Saudi Central Bank (SAMA). Follow datasource.kapsarc.org and it’s APIs to stay in sync and advance energy economics research.Note:* Including Condensates and Natural gas liquids
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Crude Oil: Processed: Weekly: China National Offshore Oil Corporation (CNOOC) data was reported at 56.851 Ton tt in 02 May 2025. This stayed constant from the previous number of 56.851 Ton tt for 25 Apr 2025. Crude Oil: Processed: Weekly: China National Offshore Oil Corporation (CNOOC) data is updated daily, averaging 77.860 Ton tt from Jan 2021 (Median) to 02 May 2025, with 226 observations. The data reached an all-time high of 85.533 Ton tt in 26 Nov 2021 and a record low of 43.715 Ton tt in 23 Apr 2021. Crude Oil: Processed: Weekly: China National Offshore Oil Corporation (CNOOC) data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Crude Oil: Capacity and Production.
This dataset contains crude oil production for Bahrain from 2000-2019. Data from National Oil & Gas Authority (NOGA). Follow datasource.kapsarc.org and it’s APIs for timely data to advance energy economics research. Note: Production is for Bahrain Field.
Data on the proved reserves, production, and drilling of crude oil, lease condensates, natural gas, and natural gas wells. Monthly and annual data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm
This dataset contains information about united states crude oil production for 1920-2021. Data from US Energy information administration.
Texas is by far the largest oil-producing state in the United States. In 2024, Texas produced a total of over two billion barrels. In a distant second place is New Mexico, which produced 744.6 million barrels in the same year. Virginia is the smallest producing state in the country, at three thousand barrels. Macro perspective of U.S. oil production The U.S. oil production totaled some 19.4 million barrels of oil per day, or a total annual oil production of 827 million metric tons in 2023. As the largest oil producer in the U.S., it is not surprising that Texas is home to the most productive U.S. oil basin, the Permian. The Permian has routinely accounted for at least 50 percent of total onshore production. Regional distribution of U.S. oil production A total of 32 of the 50 U.S. states produce oil. There are five regional divisions for oil production in the U.S., known as the Petroleum Administration for Defense Districts (PADD). These five regional divisions of the allocation of fuels derived from petroleum products were established in the U.S. during the Second World War and they are still used today for data collection purposes. In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 590 operational oil and gas rigs in the country as of February 2025.
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Weekly Crude Oil Production in the United States increased to 13314 Thousand Barrels Per Day in July 25 from 13273 Thousand Barrels Per Day in the previous week. This dataset includes a chart with historical data for the United States Weekly Crude Oil Production.