The world probably had its post-pandemic oil production peak in January 2022
As you who follow the oil industry should know, global oil production probably peaked in November 2018 at almost 85 million barrels per day, declined to around 82 million barrels per day until the beginning of the pandemic, and then fell radically to around 70 million barrels per day during the early months of the pandemic, because of the lack of oil demand. After that we have seen a recovery in the oil industry, to around 81 million barrels per day in January 2022, but it has not yet surpassed the peak in November 2018, instead it has declined since January 2022, to almost 79 million barrels per day in April-May 2022. See the first graph below. I lack data after that, but 5.10.2022, just a few days ago, the news were full of articles about the plans of OPEC+ to cut their production with 2 million barrels per day. See for example the article "OPEC will cut production by 2 million barrels a day, likely sending gas and oil prices back up" on www.nbcnews.com 5.10.2022. The cut will be made in November this year. This means, that (if we do not count the production decline (or rise?) after May 2022, but calculate with the numbers from there on, world oil production will be about 77 million barrels per day in November 2022. Thus, we are unlikely to surpass the post-pandemic peak of January 2022 of around 81 million barrels per day, because US oil production, from which most of the growth in oil production comes from (thanks to shale oil) has stagnated since November 2021 (see the second graph below), and the only oil production growth there takes place in the Permian Shale Basin and New Mexico, all the other oil production areas in US except for these two are in decline, as far as I know. But the Permian Basin (from which most of the growth comes) will probably soon reach its peak, just read articles like this (from Bloomberg before the pandemic began), this (from DeSmog) soon after and this (from Chron) from 2017. Many expected Permian to reach its peak in 2021. A global recession will certainly affect the production there. When the Permian Basin cannot offset the decline in the rest of the US oil production fields, there will probably be, because of the Red Queen Effect (that we have to run faster and faster to stay in the same place), a relatively steep decline in US oil production, and a still steeper decline in global oil production, because the rest of the world's crude oil production is pretty much in decline, only US oil production growth keeps it afloat.
The graph below is from this recent blogpost on the blog Peak Oil Barrel:
US oil production:
