Oil dips after forecast for record U.S. shale output

BNP Paribas said surging U.S. output would feed into lower oil prices toward the end of the year......»»

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 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......»»

Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»

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 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 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......»»

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. 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......»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 18,000 barrels a day in April to 9.075 million.....»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 18,000 barrels a day in March to 9.175.....»»

Oil prices fell on Wednesday as a market surplus forecast by the International Energy Agency (IEA) outweighed concern over disruptions to Libya's crude output......»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 22,000 barrels a day in February to 9.2 million barrels a day, according to a report from the Energ.....»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 30,000 barrels a day in January to 9.135 million barrels a day, according to a re.....»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 49,000 barrels a day in December to 9.133 million barrels a day, according t.....»»

Goldman Sachs wound back its forecast for growth in U.S. shale output in 2020, and slightly reduced its outlook for 2020 global oil demand growth......»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 74,000 barrels a day in October to 8.843 million barrels a day, according to a report from the Energy Information Administration released Monday. Oil output from.....»»

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 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......»»

Crude-oil production from seven major U.S. shale plays is forecast to climb by 4.....»»