Tag: U.S. shale production

Energy, Industries

OPEC oil output falls in March as U.S. shale production grows

April 12, 2018

Via: Market Watch

OPEC said Thursday its crude oil output fell last month amid compliance with the oil cartel’s agreement to cut production, even as the world’s total oil supply continued to rise on the back of burgeoning U.S. shale growth. In its […]

Energy, Industries

Oil price outlook: Is this the beginning of a downturn?

February 13, 2018


Oil just posted its worst week in more than two years — WTI lost 9.5% and Brent lost 8.5%. The last time the two oil benchmarks fell by that much in a single week was early 2016 when the oil […]