The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual released on Friday. That tops the previous record of 12.9 million bpd set in 2019, cementing the U.S. as the world's top producer for a sixth straight year.

Production gains came largely from the Permian Basin, where output surged to over 7 million bpd last year. New Mexico posted the strongest growth rate among states, up nearly 13% year-on-year, while Texas volumes edged higher but have shown signs of flattening after years of steep growth. Offshore Gulf of Mexico output also posted modest gains.