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U.S. SHALE PRODUCTION
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Gautam Adani highlights energy & digital security as 'twin foundations' of national powerAdani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He ...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- With output hikes, OPEC+ again targets US shale oilOPEC+ is increasing oil output, aiming to regain market share from U.S. shale producers. Previous attempts failed, but rising U.S. shale co...
- Oil steadies after falling to four-year lows in previous sessionOil prices stabilized after a significant drop. This decline followed OPEC+'s decision to increase oil production. Concerns about oversuppl...
- Oil prices rise on concerns over tightening supplyIndustry data on Tuesday showed U.S. crude oil stockpiles fell last week by about 5.25 million barrels, according to market sources citing ...
- Oil prices steady on U.S. dollar weakness; recession fears weighExpectations that China will keep with loose monetary policy to help its economy hobbled by COVID-19 restrictions has also lent support to ...
- US oil pushes ‘clean shale’ as Biden mounts climate attackThe Biden administration has made swift moves to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline and exp...
- US election outcome will not impact bullish energy outlook: GoldmanGoldman reiterated its bullish 2021 view for both natural gas and oil, saying drivers for higher prices supersede the potential outcomes of...
- Oil prices ease as coronavirus infections riseThe Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a grouping known as OPEC+, agreed this month to e...
- Opec+ debates biggest-ever oil cut as virus destroys demandOil prices have fallen to around $20 per barrel from $65 at the start of the year.
- Decoded: The oil market meltdown and its global impactOil prices are plunging after Saudi Arabia started a price war against Russia.
- Does Opec see US oil output as half full or half empty?America’s second shale boom is certainly drawing to a close.
- Decade of turmoil: Why Opec is not happy with crude oil at $80 a barrelWhere does Opec turn now? Lessons from the group’s history point eastwards -- toward Russia.
- View: Opec's oil nightmare is already coming trueThe US is close to becoming the world's largest producer of crude and condensate.
- Crude oil prices to stay lower without deeper Opec cuts: Goldman SachsAccelerating crude stockpile declines will require deeper cuts in the short term.
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