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SHALE OUTPUT
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...- 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...
- 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...
- 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...
- April oil demand slump reflects supply squeeze, not price pain: JPMorganGlobal oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and...
- Global Market | Oil Shockwave: Iran conflict triggers record surge in 2026 price forecastsThe Iran conflict has triggered an unprecedented shock in global oil markets, disrupting critical supply routes and production. Analysts ha...
- 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 falls $1 ahead of Fed rate decisionThat move comes as U.S. oil output from its top shale-producing regions is on track to fall to 9.393 million bpd in October, the lowest sin...
- 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 ...
- OPEC told to expect limited US oil output growth, for now: Sourcesfficials from OPEC's Economic Commission Board (ECB) and external presenters attended a meeting on Tuesday focused on US output, the source...
- Oil gains as US shale production set to fall sharplyUS West Texas Intermediate (WTI) crude was up 47 cents, or 2.1 per cent, at $22.88, having dropped 1.5 per cent the previous session.
- America’s great shale oil boom is nearly overWith a WTI oil price of about $50 a barrel, some in the shale patch are struggling.
- View: Opec's oil nightmare is already coming trueThe US is close to becoming the world's largest producer of crude and condensate.
- OPEC is said to get few answers on shale before deciding on cutsThe US is set to pump about 9.2 million barrels a day on average this year.
- Crude oil prices to stay lower without deeper Opec cuts: Goldman SachsAccelerating crude stockpile declines will require deeper cuts in the short term.
- Opec poised for 'safe bet' of nine-month extension of oil cutsBrent crude dropped as much as 2.2% in London and was down 0.5% at $53.68 a barrel.
- US shale's the wild horse that Opec just can't tameThe strength of shale's rebound suggests that Opec faces a long-term struggle against this new source of supply.
- Oil output by OPEC members likely to remain strong next yearAccording to a Saudi Gazette report based on Gulf Oil Review, surging US production helped by high shale output has been the supply-side st...
- ONGC will have to wait two weeks for detailed shale gas dataONGC will require another 10-14 days to complete the study on output potential from country's first shale gas well after trial exploration.
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