for Shale Oil Production
If U.S. shale does not live up to market expectations, the oil market could tighten up by more than anticipated.
Talk of a global oil glut in 2020 is predicated on supply growth in U.S. shale—but predictions of shale's increases vary wildly.
Chesapeake Energy's financial woes suggest the shale revolution is running on fumes.
Slowing growth in both Persian Gulf economies and U.S. oil production gives OPEC+ plenty to think about when they discuss output cuts in early December.
Rising U.S. production has helped oil markets shrug off the Abqaiq attack - but the days of booming domestic output may be coming to an end.
Taken together, the long run of explosive U.S. shale growth is likely coming to an end.
OPEC has few choices at its disposal to manage the swelling oil market surplus, most of which are unpalatable.
Oil majors continue to ratchet up activity in U.S. shale, even as other producers cut back.
U.S. oil exports recently hit new highs with a record number of export destinations, but shale's recent woes mean continued success is not guaranteed.
Production gains cannot mask the problems facing the shale industry, but the offshore sector is seeing an increase in activity.