America Extends Its Lead Over Russia and Saudi Arabia in Oil Output

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• Free Analysis Rule Based Analysis not AI OIL Bullish 60% 6h
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Original source

While the United States has been the world’s biggest consumer of oil for decades, it became the largest oil producer, too, back in 2018, and has retained that crown ever since. The shale revolution and the growth in the Permian oil production have allowed the U.S. not only to retain the top spot ahead of Russia and Saudi Arabia, but to extend the lead over these OPEC+ allies, whose output has been restrained by the voluntary production cuts in recent years. This year, the U.S. has been expanding the gap further despite the modest growth (so…

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Original article published by OilPrice.com on July 14, 2026. Analysis and insights provided by AnalystMarkets AI.

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