Oil Drops On U.s. Shale Outlook, Dollar

Prices pressured by the possibility that U.S. shale oil producers could increase drilling activity

Topics:  u.s    oil   
BING NEWS:
  • Shale executives see M&A cutting into U.S. oil production, Dallas Fed survey says
    Crude oil futures eked out small gains Wednesday despite a bearish U.S. inventories report that included surprisingly large crude and gasoline stock builds. The U.S. Energy Information Administration ...
    06/26/2024 - 11:40 am | View Link
  • U.S. Shale' "Long Sideways” Movement Suggests Room to Run
    In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production.
    06/25/2024 - 1:00 pm | View Link
  • Suncor: Long-Term Potential, But Its Stock May Be Range-Bound For A While
    Suncor's stock price is range-bound, in correlation with oil market, trading at $30-$40/share, as oil trades in $60-$90/barrel range. Read more on SU stock here.
    06/25/2024 - 3:00 am | View Link
  • Forget Shale: Canada’s Oil Sands Are Having Their Moment
    The American oil patch’s poor northern neighbor offers investors stellar returns.
    06/24/2024 - 11:00 pm | View Link
  • OPEC’s Trillion-Dollar Bet Against U.S. Shale
    OPEC's strategy to defend market share against US shale oil production has cost them trillions in lost revenue, but they may finally be seeing a light at the end of the tunnel as US production ...
    06/14/2024 - 10:59 am | View Link
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