Wednesday, July 29, 2026
U.S. shale firms hesitate to pump - or hedge - more, despite oil high prices- oil and gas 360

U.S. shale firms hesitate to pump – or hedge – more, despite oil high prices

Reuters NEW YORK – OPEC’s sudden disarray would seem to be an opportunity for U.S. shale producers to lock in profits, with oil prices near multi-year-highs, but sources at those companies say they are not taking chances with the market’s volatility. Shale producers are famous for boosting output whenever oil prices surge. However, the shale industry has been notably restrained