2023 US oil production averages 12.9 million bpd, breaking 2019's global record, as per EIA.

The US has been the world's top oil producer for six consecutive years, with an average production of 12.9 million barrels per day (bpd) in 2023, breaking the previous global record of 12.3 million bpd set in 2019, according to the Energy Information Administration (EIA). The monthly production record of over 13.3 million bpd was set in December 2023. The EIA predicts that global growth will slow and then accelerate again in 2025.

March 11, 2024
22 Articles