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US shale roars back at OPEC

OPEC may get its members to agree to continue to tamp down oil production, but it will be a Pyrrhic victory......»»

Category: topSource: moneycentralMay 19th, 2017

US shale roars back at OPEC

OPEC may get its members to agree to continue to tamp down oil production, but it will be a Pyrrhic victory......»»

Category: topSource: moneycentralMay 19th, 2017

U.S. shale firms more exposed to falling oil prices as hedges expire

(Reuters) - Cash-strapped U.S. shale firms scaled back their hedging programs in the first quarter, leaving them more vulnerable to tumbling spot market prices just after OPEC reached a landmark deal to curb global supply......»»

Category: topSource: reutersJun 13th, 2017

Texas drillers are ready to undermine OPEC, Russia deal

OPEC, Russia and other producers could help drive oil prices back to $60 with a new deal, but that would also be a green light for U.S. shale drillers......»»

Category: topSource: moneycentralMay 16th, 2017

West Texas drillers ready to undermine any OPEC, Russia deal

OPEC, Russia and other producers could help drive oil prices back to $60 with a new deal, but that would also be a green light for U.S. shale drillers......»»

Category: topSource: moneycentralMay 16th, 2017

Oil eases from 5-week high, U.S. output rise undermines rally

LONDON (Reuters) - Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states......»»

Category: topSource: reutersApr 11th, 2017

Has OPEC Underestimated U.S. Shale Once Again?

The U.S. shale cowboys are back on their horses and leading a.....»»

Category: economySource: nasdaqMar 16th, 2017

Has OPEC Underestimated US Shale Once Again?

Authored by Tsvetana Paraskova via OilPrice.com, The U.S. shale cowboys are back on their horses and leading a strong recovery in the oil patch that is not expected to falter.....»»

Category: blogSource: zerohedgeMar 16th, 2017

Will OPEC’s Cut In Oil Output Help U.S. Producers? Absolutely

U.S. shale producers should benefit enormously when the Organization of Petroleum Exporting Countries (OPEC) and Russia start cutting back on oil production in January, writes Ignatius Chithelen in this opinion piece. Chithelen manages Banyan Tree Capital.....»»

Category: blogSource: valuewalkDec 15th, 2016

GOLDMAN SACHS: US shale will hit back at Saudi Arabia in 2017

Screen grabEven if OPEC and non-OPEC producers deliver the promised cuts and oil spikes to US$60, a recovering U.S. shale production would drag crude prices back to US$55, and the Saudis would be wrong to underestimate an American shale rebound next year,.....»»

Category: topSource: businessinsiderDec 13th, 2016

Have U.S. Shale Rebels Taken Over - Or Will The OPEC Empire Strike Back?

Have U.S. Shale Rebels Taken Over - Or Will The OPEC Empire Strike Back?.....»»

Category: topSource: seekingalphaDec 2nd, 2016

Oil ETFs Jump on Renewed Hopes of OPEC Cut

After a freefall since the U.S. presidential election last week, oil price bounced back strongly on renewed hopes of a cut in production by the OPEC and reports of falling U.S. shale production. After a freefall since the U.S. presidential el.....»»

Category: topSource: zacksNov 16th, 2016

Shale companies go back to work after Trump"s victory

U.S. shale producers are redeploying cash, rigs and workers, cautiously confident the energy sector has turned a corner after Donald Trump's election victory and OPEC's recent signal that it plans to curb production......»»

Category: topSource: moneycentralNov 14th, 2016

U.S. shale firms go back to work after Trump"s victory

U.S. shale producers are redeploying cash, rigs and workers, cautiously confident the energy sector has turned a corner after Donald Trump's election victory and OPEC's recent signal that it plans to curb production......»»

Category: topSource: moneycentralNov 14th, 2016

U.S. Shale Firms Go Back to Work After Donald Trump’s Victory

Trump is expected to bring in oil and gas drilling advocates. U.S. shale producers are redeploying cash, rigs and workers, cautiously confident the energy sector has turned a corner after Donald Trump’s election victory and OPEC‘s recent s.....»»

Category: europeSource: fortuneNov 14th, 2016

Opec output cut a boon for US shale sector

The higher prices rises, the more rigs can be put back to work, writes Ed Crooks.....»»

Category: marketSource: ftSep 29th, 2016

Commodities Corner: OPEC, have no fear: The U.S. oil-shale output crash is here

The energy industry is already suffering from the impact of spending cuts over the last several years, says Phil Flynn, senior market analyst at Price Futures Group. A crash in shale oil production has already begun......»»

Category: topSource: marketwatch1 hr. 16 min. ago

US Rig Count Up for 23rd Week, Oklahoma Leads the Way

It is an ideal time for shale players to increase production at the expense of OPEC. Oil field services firm Baker Hughes Inc. BHI recently reported the rig count for the week ended Jun 23. In the U.S., the total nu.....»»

Category: topSource: zacks5 hr. 30 min. ago

Hedge Funds Abandon OPEC, Near "Shortest" Since Oil Crisis Began

While the fundamental outlook for oil appears weak, with U.S. shale drillers continuing to add extra rigs (despite the downturn in prices), Reut.....»»

Category: blogSource: zerohedgeJun 26th, 2017

Booming U.S. Shale Production Sends Oil Into Bear Market Territory Despite OPEC Efforts

Booming U.S. Shale Production Sends Oil Into Bear Market Territory Despite OPEC Efforts.....»»

Category: topSource: seekingalphaJun 22nd, 2017

Brent edges back above $45 but remains under pressure

Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market......»»

Category: topSource: moneycentralJun 22nd, 2017