Post Tagged with: "oil prices tumble"

Source: World Oil

Shale drillers’ production discipline pays off as oil prices tumble

World Oil

HOUSTON (Bloomberg) –Shale drillers’ newfound commitment to production discipline appears to be paying off as crude plunges toward a bear market.

While West Texas Intermediate crude is poised for the biggest monthly loss since the beginning of the …

Source: Reuters

Oil prices tumble as U.S. intensifies pressure on OPEC for more crude

World Oil

(Bloomberg) –Oil fell as the U.S. intensified pressure on OPEC+ to boost supplies when it meets on Thursday, while concerns grew that tighter policy from the Federal Reserve will impede growth.

West Texas Intermediate futures sank 2.4% after …