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Oil slips as producer cuts fail to banish demand fears
Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted plunge in U.S. shale output provided some support......»»
Oil rises on forecast U.S. output drop as coronavirus ravages demand
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers......»»
Oil rises amid hopes for quick decline in U.S. shale output
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers......»»
Oil gains as U.S. shale production set to fall sharply
Oil prices rose on Tuesday after a U.S. agency said shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers......»»
U.S. shale company Whiting becomes first major bankruptcy of oil-price crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil prices that are expected to bite into record U.S. output......»»
U.S. shale oil output to rise to record 9.08 million barrels per day in April - EIA
U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a record 9.08 million bpd, data showed on Monday......»»
Shale boom is slowing just when the world needs oil most
The U.S. shale boom is slowing, as technology advances that helped unlock record amounts of oil and gas have begun to level off and productivity of even new wells begins to slow......»»
Shale boom is slowing just when the world needs oil most
The U.S. shale boom is slowing, as technology advances that helped unlock record amounts of oil and gas have begun to level off and productivity of even new wells begins to slow......»»
Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies
Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record......»»
Oil steady as U.S resumes Gulf of Mexico output amid signs of further supply
Oil prices were steady on Tuesday after falling in the previous session as output in the U.S. Gulf of Mexico resumed after Hurricane Barry swept through over the weekend and as U.S. shale production is expected to rise to a record......»»
Oil falls on US shale output, expected stocks data
U.S. oil production has increased steadily over the last five years, reaching a record high of 11.2 million bpd in the week to Oct. 5. But infrastructure has not kept pace with rising output, filling domestic tanks......»»
U.S. oil prices drop 1 percent on oversupply fears
U.S. oil prices fell 1 percent on Tuesday after slipping below $50 a barrel in the previous session, with reports of a big climb in U.S. inventories and forecasts of record shale output stoking worries about oversupply......»»
Oil prices fall 1 percent amid supply glut worries
Oil prices dropped 1 percent on Tuesday, extending losses from the previous session as reports of a big climb in U.S. inventories and forecasts of record shale output stoked worries about oversupply......»»
Oil prices fall for third straight session amid supply glut worries
Oil prices dropped over 1 percent on Tuesday, falling for a third straight session, as reports of inventory builds and forecasts of record shale output in the United States, currently the world's biggest producer, stoked worries about oversupply......»»
U.S. shale oil output to hit record 8.4 million bpd in March: EIA
U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a monthly report on Tuesday......»»
Oil dips after forecast for record U.S. shale output
Crude oil futures eased on Wednesday in light of the prospect of a continued boom in U.S. shale oil output, although with OPEC determined to restrict its own production to prevent a global surplus of unused fuel, the price held just shy of 2019 highs......»»
Oil dips after forecast for record US shale output
BNP Paribas said surging U.S. output would feed into lower oil prices toward the end of the year......»»
Oil falls after record U.S. shale output forecast
Oil fell on Wednesday after the U.S. government said shale output would rise to a record next month, denting a rally that sent prices to their highest this year......»»
West Coast Ports Rush To Clear Record Ship Congestion Before "Peak Season" Arrives
West Coast Ports Rush To Clear Record Ship Congestion Before "Peak Season" Arrives It's hardly a secret that the .....»»
Need to Know: Why the S&P 500 is now overbought and looks ready to drop in the short term, according to this strategist
The S&P 500 eked out yet another record close on Wednesday, as the Federal Reserve reassured investors that it is in no rush to tighten fiscal policy — and some of that momentum is set to continue into Thursday. But it may not last for long......»»