U.S. shale producers

U.S. shale producers unlikely to boost drilling despite Trump’s call

June 26, 2025

(World Oil) – U.S. shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. military strikes on Iran. Wary of being caught by yet another false start in global crude markets, U.S. oil companies are likely to use hedging contracts to lock

BofA: The Saudis are readying for a long oil price war

June 11, 2025

(Oil Price) – Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of America’s leading commodities expert told Bloomberg on Monday. According to Francisco Blanch, BofA’s head of commodities research, the unfolding oil price war is going to be “long and shallow”, rather than “short and steep” as the Kingdom tries to claw back lost

U.S. shale producers unlikely to boost drilling despite Trump’s call

BofA: The Saudis are readying for a long oil price war

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