HOUSTON(Reuters) -Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher. Less drilling ...

Mergers and acquisitions in the US shale industry face significant challenges in 2025 due to declining oil prices and trade ...

The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil ...

Saudi Arabia plans to displace 350,000 bpd of crude burn with its Jafurah project by 2030, shifting to gas for power and ...

Saudi Arabia plans to drastically reduce crude oil consumption by 2030, leveraging the Jafurah shale gas field to boost ...

U.S. benchmark crude oil prices are hovering below the level oil executives say they need to drill new wells at a profit, spurring concerns that the country’s output could stagnate or even stall.

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – ...

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher. Less drilling could slow future output ...

Sellers are aware there is a scarcity of high-quality shale inventory, making them reluctant to unload assets at a discount, but buyers cannot afford to pay as much now that oil prices are lower ...