OPEC’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets.
Drillers from the Permian Basin in West Texas to the Bakken Shale of North Dakota have ramped up oil production well beyond what analysts foresaw, pushing output to a record just as OPEC and its allies put the brakes on supplies in a bid to arrest price declines.
"oil" - Google News
December 17, 2023 at 08:00PM
https://ift.tt/bSxWZ8d
Fracking News: Shale Oil Surge Poses Threat to OPEC's Crude Prices - Bloomberg
"oil" - Google News
https://ift.tt/yj1Cb7D
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Fracking News: Shale Oil Surge Poses Threat to OPEC's Crude Prices - Bloomberg"
Post a Comment