Post Tagged with: "US shale rillers"

U.S. shale drillers show restraint as oil prices rally, adding to OPEC leverage

U.S. shale drillers show restraint as oil prices rally, adding to OPEC leverage

World Oil


HOUSTON (Bloomberg) – U.S. shale oil production will expand at a “modest rate” over the next 18 months even as prices touch multiyear highs, according to BloombergNEF, leaving OPEC in a powerful position as the world cries out …