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Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
Scott Sheffield, the former head of shale driller Pioneer Natural Resources, told the Financial Times that if crude drops to ...
6d
Barchart on MSNCrude Prices Edge Higher on Dollar Weakness and Decline in US Oil Rigs to 3-1/2 Year LowFriday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on ...
US oil producers are slashing spending and halting drilling as Trump’s tariffs raise costs and falling prices threaten the ...
OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...
The decline in oil prices due to the increase in production by OPEC+ countries is aimed not only at punishing allies who ...
Domestic crude production has gone down about 200,000 barrels a day since the first of April. Output rose slightly last week, ...
Oil and natural gas industry leaders expect technological advancements, streamlined permitting, and sustained investment to ...
The next setback in oil prices is looming as OPEC and allies meet later this week to discuss output levels for July.
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