News

U.S. shale production likely to slow due to oil price weakness, UBS says
U.S. shale producers likely will further slow their activity as oil prices seem set to remain below $65/bbl, UBS says, noting ...
American Energy Dominance Doesn’t Necessarily Mean Producing More
Increasing production to drive prices lower may be good for inflation data, but oil and gas companies must operate above ...
US refiners unlikely to spend big to process more domestic oil
U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...
OilPrice.com5d
U.S. Shale Faces Toughest Challenge Since the 2020 Oil Price Plunge
The U.S. shale industry is struggling as the crash in oil prices, triggered by President Trump's tariffs and exacerbated by ...
Seeking Alpha28d
US Shale Oil Production Will Decline If WTI Hits The $50s, It's Like Decline Baby Decline
Do people realize that despite 11 years of an oil bear market, US shale has managed to push US crude oil production to ~13 million b/d? Do people realize that outside of the Permian, US shale oil ...
Chevron to 'triple-frac' half of Permian oil wells in 2025 to cut costs, time
U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells ...
Analysis-US Refiners Unlikely to Spend Big to Process More Domestic Oil
"Our view is light shale oil production in the U.S. will peak sometime in the first half of the 2030s," said John Auers, ...