Tag: U.S. shale production

Commercialization, Conventional Fuels

We may not see $100 oil ‘for a long time,’ says Chevron CEO

January 23, 2020

Via: CNBC energy

Chevron CEO Michael Wirth told CNBC on Thursday that oil prices may not reach $100 for a “long time” thanks to the boom in U.S. shale production. “Oil markets have really changed over the last decade or so,” Wirth said […]

Chemical, Conventional Fuels

Trade war and US shale are the biggest concerns for outgoing OPEC chief

January 9, 2019

Via: CNBC energy

The U.S.-China trade war and booming American shale production are among the top worries for the United Arab Emirates’ energy minister and former OPEC president. After a volatile year for oil prices, hydrocarbon-exporting countries are buckling down for what could […]

News and Policies, U.S.

US shale growth will offset global production problems over the coming months, analysts say

August 15, 2018

Via: CNBC energy

A sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. The mood music in the energy market has been heavily influenced by a flurry of demand-side […]

Chemical, Conventional Fuels

Oil prices fall with U.S. production expected to rise

January 19, 2017

Via: American Energy News

Oil prices fell to the lowest in a week on Wednesday on a strong dollar and expectations that U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the group’s output […]