Researchers from Prof. Quan-You Liu's team at Peking University decoded the complex accumulation mechanisms of China’s ...

The shale story goes that the easy targets have all been drilled. But today’s easy targets were yesterday’s hard targets. The ...

Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in ...

Peak Shale Dampens Supply. On the supply side of the equation, one factor looms for US energy stocks: the rising costs from a potential peak of US shale oil and gas production in the long term ...

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

US oil futures, pricing in a global demand recession, have dropped about 20% since the start of April when Trump announced wide-ranging tariffs that triggered a global trade war.

To hurt shale producers today, OPEC+ would need to push oil prices lower than their current levels of around $65 per barrel to less than $55-$60, said the sources, all of whom declined to be ...

Analysis-With Output Hikes, OPEC+ Again Targets US Shale Oil. By Reuters | May 21, 2025. By Reuters | May 21, 2025, at 4:02 a.m. Save. ... The source added that having the oil price under $60 per ...