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Shale Outlook: Scarce Inventory to Drive Upstream M&A in 24

Permian Basin well productivity has trended down. Top-tier drilling locations are scarce. Capital is at a premium. E&Ps need low-cost inventory and scale, and they’re willing to pay big bucks to get them.

Russia, Saudi Arabia discuss oil market, prices amid Israel-Hamas war

Crude Oil Price Makes New Peak on Supply Cuts and Inventory Run Down Higher WTI?

Crude oil prices launched to a 10-month high overnight as OPEC+ supply cuts are extended, and US stockpiles continue to shrink while the structure of the market appears at a crossroads.

Crude Oil Price Makes New Peak On Supply Cuts And Inventory Run Down Higher Wti?

Crude Oil Price Makes New Peak On Supply Cuts And Inventory Run Down Higher Wti?
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