US Edition[Opinion] DOWN BUT NOT OUT: OPEC Must Squeeze US Shale Much More to Win Oil Price War - Energy News, Top Headlines, Commentaries, Features & Events
3 Articles
3 Articles
The price of the barrel of oil drops by 15% so far this year and has come to fall between the maximum and the minimum by 20 dollars a barrel. The forecast of a lower economic growth, and a lower demand, because of the trade war initiated by the White House, together with the decision of OPEC+ to accelerate the increase of its production explain the decrease of the price. The oil cartel prepares a new increase of the supply of crude oil in June, …
DOWN BUT NOT OUT: OPEC Must Squeeze US Shale Much More to Win Oil Price War - Energy News, Top Headlines, Commentaries, Features & Events
(The opinions expressed here are those of the author, a columnist for Reuters.)*US drillers slow down operations following oil price drop *US oil output growth set to slow in 2025 *OPEC will need to deepen price war to significantly impact US output By Ron Bousso LONDON, May 29 – Oil drillers in the U.S. shale ...
OPEC must squeeze US shale much more to win oil price war: Bousso
(The opinions expressed here are those of the author, a columnist for Reuters.) *US drillers slow down operations following oil price drop *US oil output growth set to slow in 2025 *OPEC will need to deepen price war to significantly impact US output By Ron Bousso LONDON, May 29 - Oil drillers in the U.S.
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