United States crude oil production stands at 13.6 million barrels per day this week, maintaining a level that keeps the country among the top producers globally. That figure reflects continued output from major producing regions including the Permian Basin, Eagle Ford, and Bakken, where operators have largely held steady in recent months. At 13.6 million barrels per day, domestic production remains near historically high territory, though there is still room to approach the record levels seen before the disruptions of 2020.
Production held flat this week, with no change recorded compared to the previous week. A week-over-week figure of zero barrels per day indicates that operators neither ramped up nor pulled back output in any meaningful way over the measured period. While a flat reading can signal stability, it can also reflect logistical constraints, maintenance activity, or producers choosing to hold output steady while monitoring market conditions. In a high-price environment, sustained flatness may attract attention from analysts watching for signs of supply response.
West Texas Intermediate crude is priced at $100.72 per barrel this week, while Brent crude sits at $123.28 per barrel. The spread between the two benchmarks currently stands at roughly $22.56, which is notably wide by historical standards. Brent typically trades at a modest premium to WTI, but a gap of this size points to tighter conditions in international markets relative to domestic ones. Traders and refiners will be watching whether that spread narrows in the coming sessions.
Global oil production is currently running at 65.0 million barrels per day, a figure that reflects output from OPEC members, non-OPEC producers, and smaller national suppliers combined. With demand continuing to recover in several regions and prices elevated across both major benchmarks, the pressure on producers worldwide to increase supply remains significant. Next week, markets will be watching for any signals from major producing nations regarding output adjustments, as well as any updated demand forecasts that could shift the supply-demand picture heading into the following month.
Data source: U.S. Energy Information Administration Weekly Petroleum Status Report. All production figures are EIA estimates subject to revision.