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U S shale drillers use ramp up oil production, calling OPEC+ strategy into question

Operators are squeezing crude out of new wells more efficiently because of innovations in everything from electric-pump technology to new strategies for deploying workers while fracking wells to minimize downtime.

U S shale drillers ramp up oil production, calling OPEC+ strategy into question

Operators are squeezing crude out of new wells more efficiently because of innovations in everything from electric-pump technology to new strategies for deploying workers while fracking wells to minimize downtime.

U S shale drillers use ramp up oil production, calling OPEC+ strategy into question

US Frackers Return to Haunt OPEC s Pricing Strategy

(Bloomberg) OPEC’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets.Most Read from BloombergNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press On‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesUS Navy Shoots Down 14-Drone Wave as Shippers Avoid Red SeaMike Johnson May Be the Next House Speaker to Lose His JobWall Street’s China Stock Bulls Seek Redemption

US Frackers Are Back to Haunt OPEC s Price Strategy

US Frackers Are Back to Haunt OPEC s Price Strategy
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