Search Results
for Shale Oil
Oil Goes Negative. What Does it Mean?
The negative prices are an anomaly, related to the expiring contract in May. But the meltdown also reflects a ruinously oversupplied oil market.
OPEC+ Reaches Historic Agreement, Still Falls Short
OPEC+ agreed to the largest cuts in history, but oil prices barely moved in response.
OPEC+ Tries For Global Deal, But Glut is Still Too Large
A major production cut of 10 million barrels per day would be historic in size - and probably fail to move the needle.
Texas Explores Return of Rationed Oil Production
The crisis affecting the U.S. oil industry has reached the point where some drillers are now requesting the Texas state government step in to regulate production
From High to Low: Could U.S. Shale Production Stall in 2020?
As the EIA reports record U.S. oil production figures, a variety of demand-side concerns mean this growth may stall in 2020
Oil Falls Sharply On Coronavirus Fears
Global markets continue to be roiled by the ongoing coronavirus outbreak.
Doubts Surface On U.S. Shale And Energy Independence
Considered the heartland of the U.S. shale revolution, signs are emerging that production in the Permian Basin may be peaking.
Shale Slams on Brakes As Financial Stress Deepens
Amid weaker demand and chronic oversupply, U.S. shale is facing fundamental questions about its longevity.
Oil Sinks As U.S. and Iran Step Back from Brink of War
The supply risk is far from over despite de-escalating Iran-U.S. tensions, but the price retreat reflects a world still awash in oil.
OPEC+’s Balancing Act Could Get Help From Struggling Shale
If U.S. shale does not live up to market expectations, the oil market could tighten up by more than anticipated.