US crude oil production stands at 13.9 million barrels per day, according to the latest weekly data. That figure keeps the United States near the top of global output rankings and reflects continued activity across major producing regions including the Permian Basin and Gulf of Mexico. Production at this level is consistent with the elevated pace seen through much of this year, as operators maintain drilling programs supported by relatively strong prices.
Output rose by 19,000 barrels per day compared to the previous week. That is a modest increase and does not represent a major shift in production trends, but it does indicate that domestic supply continues to edge higher rather than plateau or pull back. Small week-over-week gains like this one, when sustained over several weeks, can add up to meaningful supply growth and are worth tracking as a signal of producer confidence and operational momentum.
West Texas Intermediate, the US benchmark crude, is trading at $91.48 per barrel, while Brent crude, the international benchmark, sits at $96.02. The spread between the two stands at roughly $4.54, which is a fairly typical range and reflects normal differences in grade and geography rather than any unusual market stress. Both benchmarks remain elevated by historical standards, keeping revenue conditions favorable for producers.
Global oil production is running at approximately 65.0 million barrels per day. That number reflects output from OPEC members, non-OPEC producers, and the United States combined, though supply management decisions from major producers continue to shape the overall picture. Next week, traders and analysts will be watching for any updates from producing nations on output targets, along with US inventory data and demand signals from major consuming economies.
Data source: U.S. Energy Information Administration Weekly Petroleum Status Report. All production figures are EIA estimates subject to revision.