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Friday, March 29, 2024

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U.S. Shale Production Growth Outlook

As always, there are multiple factors that weigh on oil markets, causing prices to rise and fall. U.S.–China trade tensions, the slow-motion implosion of Venezuela’s oil industry, and the possibility that the United States will re-impose sanctions on Iran…
As always, there are multiple factors that weigh on oil markets, causing prices to rise and fall. U.S.–China trade tensions, the slow-motion implosion of Venezuela’s oil industry,… https://oilandenergyonline.com/articles/all/us-shale-production-growth-outlook/

Shale Oil’s Rebound Continues

Shale oil is a vital cog in the U.S. energy industry wheel, so it’s advisable to periodically check its status.
Shale oil is a vital cog in the U.S. energy industry wheel, so it’s advisable to periodically check its status. With all the recent drama surrounding OPEC’s efforts to bring… https://oilandenergyonline.com/articles/all/shale-oils-rebound-continues/

Shale Oil Makes a Rebound

Crude oil prices in a $50 to $60 range will trigger increased capital expenditures and stepped-up production activity. Recently, Reuters cited a report that fleshes out this range. A $50-per-barrel price is insufficient for most major conventional oil pro…
Crude oil prices in a $50 to $60 range will trigger increased capital expenditures and stepped-up production activity. Recently, Reuters cited a report that fleshes out this… https://oilandenergyonline.com/articles/all/shale-oil-makes-rebound/

Eliminating Crude Oil Overproduction

It’s well known that in response to the U.S. shale oil boom, OPEC (more specifically, Saudi Arabia) opted to eschew production cuts that would support prices. They chose instead to maintain output, preserve market share and allow prices to fall, for the p…
It’s well known that in response to the U.S. shale oil boom, OPEC (more specifically, Saudi Arabia) opted to eschew production cuts that would support prices. They chose instead… https://oilandenergyonline.com/articles/all/eliminating-crude-oil-overproduction/

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