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United States Weekly Crude Oil Production

Price

13.233 M Barrels Per Da
Change +/-
-106,666.667 Barrels Per Da
Percentage Change
-0.80 %

The current value of the Weekly Crude Oil Production in United States is 13.233 M Barrels Per Da. The Weekly Crude Oil Production in United States decreased to 13.233 M Barrels Per Da on 9/1/2024, after it was 13.34 M Barrels Per Da on 8/1/2024. From 12/20/1985 to 9/20/2024, the average GDP in United States was 7.56 M Barrels Per Da. The all-time high was reached on 8/2/2024 with 13.4 M Barrels Per Da, while the lowest value was recorded on 9/30/2005 with 3.81 M Barrels Per Da.

Source: EIA

Weekly Crude Oil Production

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Weekly Crude Oil Production

Weekly Crude Oil Production History

DateValue
9/1/202413.233 M Barrels Per Da
8/1/202413.34 M Barrels Per Da
7/1/202413.3 M Barrels Per Da
6/1/202413.2 M Barrels Per Da
5/1/202413.1 M Barrels Per Da
4/1/202413.1 M Barrels Per Da
3/1/202413.124 M Barrels Per Da
2/1/202413.286 M Barrels Per Da
1/1/202412.991 M Barrels Per Da
12/1/202313.2 M Barrels Per Da
1
2
3
4
5
...
47

Similar Macro Indicators to Weekly Crude Oil Production

NameCurrentPreviousFrequency
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Arms Sales
11.287 B SIPRI TIV15.592 B SIPRI TIVAnnually
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Capital Flows
66.2 B USD104.2 B USDMonthly
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Car Exports
72,200 76,700 Monthly
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Crude Oil Production
13,214 BBL/D/1K13,189 BBL/D/1KMonthly
🇺🇸
Current Account
-237.645 B USD-221.784 B USDQuarter
🇺🇸
Current Account Goods
-277.727 B USD-264.616 B USDQuarter
🇺🇸
Current Account Services
73.21 B USD70.616 B USDQuarter
🇺🇸
Current Account to GDP
-3 % of GDP-3.8 % of GDPAnnually
🇺🇸
Exports
263.666 B USD261.607 B USDMonthly
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Foreign debt
26.467 T USD25.985 T USDQuarter
🇺🇸
Foreign Direct Investments
73.296 B USD67.824 B USDQuarter
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Gold reserves
8,133.46 Tonnes8,133.46 TonnesQuarter
🇺🇸
Imports
338.225 B USD330.188 B USDMonthly
🇺🇸
Net long-term TIC flows
123.1 B USD102.6 B USDMonthly
🇺🇸
Oil Exports
10.762 B USD10.266 B USDMonthly
🇺🇸
Terrorism Index
4.141 Points4.799 PointsAnnually
🇺🇸
Tourism revenues
20.709 B USD21.065 B USDMonthly
🇺🇸
Tourist arrivals
5.64 M 6.069 M Monthly
🇺🇸
Trade Balance
-100.617 B USD-97.954 B USDMonthly
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Trade Balance
-78.79 B USD-73.02 B USDMonthly
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Trading Conditions
108.299 points108.543 pointsQuarter

What is Weekly Crude Oil Production?

At Eulerpool, we understand the importance of macroeconomic data in shaping strategic business decisions, and our comprehensive coverage of the 'Weekly Crude Oil Production' category stands as a testament to our commitment to delivering precise, relevant, and timely information. Crude oil, often referred to as "black gold," plays a pivotal role in the global economy, influencing a wide array of sectors from energy and transportation to manufacturing and financial markets. By providing weekly updates on crude oil production, Eulerpool empowers professionals, investors, policymakers, and analysts to stay abreast of critical trends and make informed decisions based on current data. Weekly crude oil production data is a vital indicator of supply conditions in the global oil market. As one of the most heavily traded commodities, fluctuations in crude oil production can have far-reaching implications for prices, economic stability, and energy security. At Eulerpool, our robust tracking and reporting mechanisms ensure that our users receive the most recent and accurate figures available. By monitoring weekly production changes, stakeholders can gauge the responsiveness of oil producers to market signals, understand potential disruptions, and anticipate strategic shifts within the energy sector. The geographic distribution of crude oil production is a key consideration that our platform diligently covers. Top producing countries, including the United States, Saudi Arabia, Russia, and several other OPEC and non-OPEC members, are frequently analyzed to paint a comprehensive picture of global supply dynamics. Understanding which regions are increasing or decreasing their output can offer crucial insights into geopolitical influences, technological advancements, infrastructural developments, and policy decisions affecting production levels. Eulerpool’s detailed reports often delve into these aspects, providing context and clarity that go beyond mere numbers. Supply disruptions, whether due to geopolitical tensions, natural disasters, or technical issues, can have immediate effects on production levels. Weekly updates allow for a swift assessment of such disruptions, enabling our users to adjust their strategies promptly. For instance, political instability in oil-rich regions or severe weather impacting key production facilities can lead to significant short-term declines in output. By analyzing these disruptions in real-time, Eulerpool helps mitigate risks associated with sudden supply shocks, allowing for better contingency planning. Another critical component covered within our 'Weekly Crude Oil Production' category is the production techniques and technologies employed by different countries and companies. Innovations such as hydraulic fracturing (fracking) and horizontal drilling have revolutionized oil production, especially in regions like North America. By incorporating analysis of these advancements, Eulerpool offers a nuanced view of how technological evolution impacts production trends. This dimension is particularly valuable for investors and stakeholders interested in the long-term sustainability and efficiency of oil production practices. Economic indicators related to crude oil production, such as rig counts, well productivity, and exploration investments, are part of our detailed weekly analysis. These indicators provide foresight into future production capabilities and potential supply trends. A rising rig count, for example, often signals increased future production, while declining investments in exploration may portend future supply constraints. Eulerpool’s comprehensive approach ensures that these leading indicators are scrutinized in conjunction with actual production figures, providing a holistic understanding that supports strategic forecasting. Moreover, the environmental and regulatory landscape surrounding crude oil production is becoming increasingly significant. Policies aimed at reducing carbon emissions, transitioning to renewable energy sources, and implementing more stringent environmental protections can all influence production levels. Eulerpool’s weekly updates integrate analysis of regulatory developments, offering insights into how such policies might affect future production capabilities and industry dynamics. This analysis is indispensable for businesses and investors navigating the complex interplay between regulatory compliance and economic profitability. Eulerpool also recognizes the influence of global economic conditions on crude oil production. The link between oil demand and broader economic activity means that changes in GDP growth rates, industrial output, and transportation needs can all impact production decisions. During periods of economic expansion, oil producers may ramp up output to meet rising demand, while economic slowdowns often lead to production cuts. By correlating weekly production data with macroeconomic indicators, Eulerpool provides a comprehensive contextual framework that enhances the predictive accuracy of market analyses. Investment in the crude oil sector is often driven by production data. Growth in production can signal opportunities for increased revenues and profitability for oil companies, while declines might suggest potential challenges or restructuring needs. For investors, frequent and precise updates on production figures are crucial for portfolio management and risk assessment. Eulerpool’s meticulous reporting on weekly crude oil production serves as a valuable tool for investors seeking to optimize their engagement with the energy sector, providing them with the actionable intelligence needed to navigate the market effectively. In conclusion, Eulerpool’s 'Weekly Crude Oil Production' category offers an unparalleled resource for those requiring accurate, timely, and comprehensive data on one of the world’s most critical economic indicators. Through rigorous data collection, contextual analysis, and a clear focus on emerging trends and technologies, we strive to equip our users with the knowledge needed to make informed decisions in a dynamic global environment. Whether you are a business executive, policy maker, investor, or analyst, our platform’s in-depth weekly updates on crude oil production are designed to deliver the insights necessary to understand and navigate the complexities of the energy market confidently.