If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Most recently, experts said shale oil production would peak soon as U.S. drilling activity ebbed and companies moved operations to less productive “tier-two” acreage. The expectation was that ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

Once a relatively rare presence in the US oil industry, firms overseeing the assets of ultra-rich families — including the ...

It is key to remember that most of the larger shale producers went through the process of deciding their ... raised its domestic oil production forecast for 2023 from an average of 12.5 million ...

Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

The rankings also showed that the U.S. shale patch has mastered the art of efficiency gains—fewer rigs in 2024 allowed for an increase in total oil and gas production in America. The Top 50 ...

US oil and gas production exploded in the past 15 years as drillers found ways to unlock vast deposits locked in shale rocks. Wall Street funded a headlong drilling race that made the US the world ...