Friday, December 12, 2025

Saudi, Russia Oil Cuts will make Texas Shale Producers ‘Happy’

From the San Antonio Express News U.S. shale oil producers are likely to be the biggest benefactors from a pledge on Monday by Saudi Arabia and Russia to extend oil production cuts through 2018. “I sort of wondered if they (Saudi Arabia and Russia) might conclude that it really wouldn’t do any good and I’m not sure that it will,” Thomas