Tag Archives: US Shale

US shale recovery will leave OPEC with a difficult 2018, IEA says

The IEA said that there were signs that the rise in U.S. crude oil supply was likely to continue into 2018 and upset rivals who are cutting back. U.S. oil producers are staging a dramatic comeback amid a recovering oil price that has allowed many of them to restart operations. Preliminary weekly data suggests that […]

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US Shale Oil Drillers Set to Kick Off the New Year with Big Production Gains

Crude oil production from seven major shale regions is set to grow by 94,000 barrels a day in January, the Energy Information Administration forecast. Total output from those regions is seen topping 6.4 million barrels a day next month. RBC’s Helima Croft: US shale production is going to come back in 2018 America’s shale drillers […]

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