U.S. Weekly Crude Oil Production for May 29: Key Energy Data Analysis

The American Petroleum Institute (API) released U.S. EIA weekly crude oil production data as of the week ending May 29, 2026.The previously reported figure was 652,000 barrels per day. This data reflects U.S. oil production for the week and serves as an important indicator for assessing the state of U.S. energy supply.Data collection methodology: The American Petroleum Institute compiles weekly crude oil production volumes through data sharing with the U.S. Energy Information Administration (EIA), surveys of oil companies and traders, and analysis of relevant reporting databases.Importance: This data is considered moderately important and is published weekly. The next release will follow the regular schedule. Investors and energy analysts typically monitor this indicator closely to assess supply dynamics in the U.S. oil market.

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