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Global oil output to rise 800,000 b/d in 2026, led by Brazil, Guyana, and Argentina.
Global crude oil production is expected to rise by 800,000 barrels per day in 2026, with Brazil, Guyana, and Argentina accounting for half of the increase, according to the U.S. Energy Information Administration.
Brazil’s output surpassed 4 million b/d in October 2025 due to offshore deepwater projects, while Guyana’s production reached 750,000 b/d, driven by ExxonMobil’s Stabroek Block developments, with a new project set to add 250,000 b/d in 2026.
Argentina’s oil output, boosted by the Vaca Muerta shale formation, is projected to grow from 740,000 b/d in 2025 to 810,000 b/d in 2026.
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La producción global de petróleo aumentará 800,000 b / d en 2026, liderada por Brasil, Guyana y Argentina.