Trending News: Oil Heads for 9% Weekly Loss as Traders Weigh US-Iran Truce OutlookUS Energy Firms Add Rigs for Eighth Time in Nine Weeks, says Baker HughesMAKING PROJECTS EASIER: US Eases Environmental Reviews for Natural Gas ProjectsBiggest Ever US Clean Energy Project is Complete After Nearly Two DecadesIran Says it Will Waive Fees for Hormuz During 60 Day Negotiation PeriodUS Regulator Makes ‘Interventionist’ Pivot to Speed Data CentersBrazil targets homemade electrolyser tech with $29m call for proposalsSouth Africa’s first LNG import terminal to supply ExxonMobil as project seeks interestTop Stories Of The Day: India Leads RE Growth; SECI-ACME Sign 700 MW Deal; NTPC Floats 960 MWh BESS Tender and More…IFC-Led Consortium Commits ₹2,600 Crore To Gemstar Infra For Rajasthan Smart Meter RolloutXycarb secures $3.9m Texas semiconductor grantSolis to Showcase Full-Scenario Energy Storage Solutions at Intersolar Europe 2026Dynelectro ships 250kW SOEC to Icelandic e-SAF pilot plantGreen Energy Stock: Renewable Energy Stocks Shine Despite Broader Market Decline On June 19Morrison-Backed Chrysalis Renewables Closes First Deal Under Hanwha Partnership with 357 MW US Solar AssetsFirst LNG tanker crosses Strait of Hormuz and docks after peace dealOil Prices Are Crashing. Inventories Tell A Different Story.OPEC’s Oil Demand Bet Is on India, Not EuropeGermany Considers Extending Oil Reserve Relief Despite Falling Prices80 Million Barrels of Crude Are Lined Up to Exit the Strait of HormuzOil Prices Rebound as U.S.-Iran Peace Talks Are PostponedNuclear Talks Delayed as Clashes Resume in LebanonZambia Signs PPA for 500 MW Solar Park Backed by South Korean InvestorAirgas opens new Wisconsin branch to grow distributionA.P. Moller Capital Expands Renewable Energy Push with South Africa Acquisition DealEquinix completes 12-week hydrogen power trial at Irish data centreJera signs charter agreements for US-Japan ammonia tradeTaiwan And Canada Strengthen Clean Energy Partnership Through Geothermal And Hydrogen CooperationUAE devises port expansion plan to cut strait dependencyUniversity of Sharjah, Lootah BioFuels Sign MoU to Advance Circular Economy and Clean Energy ResearchGulf Energy Strengthens Vietnam Energy Portfolio With New LNG And Renewable Power InvestmentsHeading to Intersolar: What KUKA CABLE is Looking Forward to Discussing with European Solar ProfessionalsOMIFCO Explores Multiple Pathways for Low-Carbon Ammonia Under Long-Term Decarbonisation StrategyHow Inocel plans to make hydrogen generators competitive with dieselKNPC to Extend Umm Al-Aish Solar-Powered LPG Plant Operations with Battery Storage to Enable 24/7 Clean Energy SupplyVideo | The compliance challenge facing medical gas monitoring systemsNTCSA Accelerates Curtailment Claim Processing Amid Rising Renewable Energy Integration In South AfricaCanadian hydrogen supplier opens heavy-duty refuelling stationSECI Signs 700 MW C&I Renewable Energy Term Sheet with Acme Cleantech SolutionsCarbon removal boosted by funding but macro targets slipNorth Dakota’s Oil Output Expected to be Steady Despite Price Drop, State Regulator SaysCiti Sees Oil Prices Trending Lower to $60 to $65 Per Barrel by First Quarter of 2027Argus: U.S-Iran Deal Won’t Lead to One-Way Traffic to Plunging Oil PricesAustralia’s Renewable Project Pipeline Is BoomingJPMorgan: European Stocks Are Attractively Cheap After Oil Price SlumpIndia’s Pump Prices Stuck Even As Global Crude CrashesHigh Tanker Rates Disrupt Persian Gulf Oil Shipments to AsiaAir Liquide expands access oxygen programme to MadagascarEuropean Energy seeks real-time balancing at Måde hybrid green hydrogen facilityHormuz Shipping Activity AcceleratesUK semiconductor sector grows 13.6% as UK, Japan sign chip dealUK semiconductor sector grows 13.6% as UK, Japan sign chip dealData centres in space face triple cost hurdle as AI power demand surgesOil Prices Slide After U.S. and Iran Sign Ceasefire AgreementSaudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand SoarsHigh Oil Prices Are Driving an EV Boom in EuropeGoldman Sachs Warns Strait of Hormuz Traffic May Never Fully RecoverMore Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz ReopensIndia’s Energy Import Bill Jumps 82% Due to High Oil PricesVideo | The $2 trillion semiconductor opportunityOil Falls to Lowest Since Start of Iran War After Ceasefire Deal SignedHormuz Reopening to Release Wave of Oil Supply, Depress PricesUS Signs $725 Million Loan Pact with Energy Fuels to Boost Domestic Rare Earth ProductionGulf Exporters’ Quest to Bypass Hormuz Will Reshape the Region: BoussoTop Stories Of The Day: PM Surya Ghar Rules Simplified; Smart Grid Tender Opens; MNRE Adds New Solar Partners and More…Acme’s Oman green ammonia project set for $4.2bn expansionQuantum Helium confirms 2.5% helium concentrations in ColoradoGreen Energy Stocks Drive Market Momentum As Sensex And Nifty End Higher (18 June 2026)Philippines And Indonesia Firms Accelerate Electric Transition Amid Infrastructure ConcernsBurckhardt supplies tech for Northern Lights first liquefied CO2 carrierWorld Bank Approves €400 Million To Expand Türkiye’s Wind, Solar, And Battery Storage CapacityAmasia Solar & Infra Pvt. Ltd. Honoured with Best Renewable Energy Initiative for Rural Development Award at Telangana Energy Excellence Awards 2026120,000-tonne Jordan green ammonia projects secures landBOC showcases latest oxy-hydrogen fuel cutting tech to BCGAUS and Iran sign peace dealUS and Iran sign peace dealUS and Iran sign peace dealVideo | How better medical gas management reduces costs and emissionsFalling Murban and Dubai Prices Open Arbitrage to U.S. and EuropeExxon Set to Supply LNG to South Africa’s First Import TerminalIEA Sees Massive Oil Surplus In 2027 As Middle East Supply ReturnsUS, Iran Peace Pact Takes EffectCGA awards Airgas for safe facility performanceIEA cuts likely 2030 clean hydrogen project pipeline by 40%Activist TOMS Capital Pushes US Shale Producer Devon to Quicken Asset Sales or Sell ItselfHow Jones Act Waivers Keep Energy Moving – API FeatureShine, Newcleo join up to close nuclear fuel cycleFusion plant clears regulatory milestoneHeavy water delivered for Argentina’s RA-10 multipurpose reactorEstonia’s Parliament passes new nuclear energy lawWhat changes are needed to help rollout of advanced nuclear technologies in UK?Global Gas Markets Get Another Boost as Australian LNG Strike EndsFirst Iranian Oil Moves Past U.S. Blockade Ahead of Deal SigningECB: Iran Peace Deal Won’t Erase Europe’s Energy Price ShockPoland Moves To Tax Fuel Windfalls Earned During Iran WarTotalEnergies: Saudi Refinery Won’t Fully Recover Until 2027Morgan Stanley Lowers Oil Price Forecasts After US-Iran Peace DealWhile Trump Hails Gulf Oil Flowing, Iran’s Fleet Also Gearing Up to Boost ExportsUS Crude and Gasoline Inventories Fell Last week, Distilltes Rose, EIA SaysTrump Erases Another $765 Million in Offshore Wind Leases

US Crude Production Hits Record High for Second Week in a Row, EIA Says

Business & Policy
November 5, 2025

(Reuters) – U.S. field production of crude oil rose to a record high for a second week in a row last week, the U.S. Energy Information Administration (EIA) said in its weekly Petroleum Status Report on Wednesday.

EIA said output reached 13.651 million barrels per day (bpd) during the week ended October 31, topping the prior all-time high of 13.644 million bpd during the week ended October 24.

The agency also said gasoline stockpiles in the U.S. Midwest region fell to a record of 42.536 million barrels during the week ended October 31, according to EIA data going back to 1990.

That was below the prior all-time low of 42.550 million barrels in September 2022.

Reporting by Scott DiSavino and Shariq Khan in New York, Editing by Franklin Pau