Poor results for Big Oil causes concern among investors - and places pressure on the oil majors.
Considered the heartland of the U.S. shale revolution, signs are emerging that production in the Permian Basin may be peaking.
Amid weaker demand and chronic oversupply, U.S. shale is facing fundamental questions about its longevity.
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.
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.