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As Oil Prices Soar, U.S. Shale, OPEC In No Rush To Resume Price War

March 11, 2022

Source: International Business Times

As Oil Prices Soar, U.S. Shale, OPEC In No Rush To Resume Price War

U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides as oil prices have surged well above $100 a barrel: in no rush to rapidly boost production.

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As Oil Prices Soar, U.S. Shale, OPEC In No Rush To Resume Price War

Related News

Thai oilfield shut down again after second FSO incident w...

Here’s what the latest OPEC+ oil cuts mean for 3 big U.S....

German energy prices are so high they’re driving companie...

Saudi Aramco looks to China and India to prop up oil markets

CNPC Lowers Forecast for China Oil Demand This Year

Indian Diesel and Gasoline Demand Set All Time Highs

Oil prices rise after Saudi Arabia pledges more voluntary...

Iran and Oman sign deal to develop huge shared offshore oilfield

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Cougar Mechanical Thruster saves C$130k for drilling major

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

Indian state requests removal of VAT waiver

China to invest $250 million in Venezuela

Eni begins production from Sankofa field

Trump’s tweet help pushing oil price down

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