Core Insights - U.S. oil production reached an all-time high of 13.58 million barrels per day (mb/d) in June 2025, surpassing previous records, with expectations to peak at 14.34 mb/d in March 2026 [1] - The U.S. oil sector is experiencing a slowdown in growth, with a year-over-year increase of only 328 kb/d in June, and production in Texas, the leading oil hub, declining [2] - Smaller U.S. producers are facing declines, while oil majors and independent producers continue to grow, leading to an overall increase in U.S. oil production in the first half of 2025 [2][3] - The Energy Information Administration (EIA) forecasts a decrease in U.S. crude and condensate production from 13.57 mb/d in December 2025 to 13.16 mb/d in December 2026 due to low oil prices [4] - OPEC+ has agreed to increase oil output by 137,000 barrels per day starting in October, a significant reduction compared to previous increases [5]