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'This oil price doesn't work': Diamondback CEO says US shale production has peaked
The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows. “We have a very good view of what the US looks like.
The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...
Lower WTI crude prices below $60 bring mixed impacts: consumer savings vs. energy sector losses. Explore how this shift ...
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
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