Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers. Breakeven prices are critical for oil companies' profitability, with ...

EOG Resources (NYSE:EOG) said Friday it was awarded a new onshore oil exploration concession for Unconventional Onshore Block ...

U.S. benchmark crude oil prices are hovering below the level ... of the Petroleum Exporting Countries is rolling back some production cuts.

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hover near four-year lows.

In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost oil production ... U.S. shale companies—flush ...

The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ahead ...

having cut its US shale forecast by 40,000 bpd for 2025 and 190,000 bpd for 2026. In its own monthly oil report on Wednesday, the Organisation of Petroleum Exporting Countries (OPEC) trimmed its ...

(Bloomberg) — Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ...

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ahead ...