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US oil producers maintain modest growth as OPEC+ eyes extended cuts | Hellenic Shipping News Worldwide

US oil producers maintain modest growth as OPEC+ eyes extended cuts | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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US oil producers maintain modest growth as OPEC+ eyes extended cuts

US oil producers maintain modest growth as OPEC+ eyes extended cuts
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Joe Biden's oil supply gamble risks backfiring

President's release of stocks from the US oil reserve is too small to make an impact and will not force Opec to increase production ....

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Shale oil's slower investment sparks new tension with White House | Hellenic Shipping News Worldwide

As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington. That restraint has become the latest friction point between oil producers and the White House. . ....

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Shale oil's slower investment sparks new tension with White House

As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington. ....

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