United States on track for record crude oil production in 2026

We forecast U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in 2025, in our latest Short-Term Energy Outlook (STEO). In the first half of 2026 (1H26), crude oil production averaged 13.7 million b/d, 2% (0.3 million b/d) more than the ...

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