Brent crude inches up, U.S. oil falls on weak economic data Fox BusinessIn a protracted trade war between the United States and China that dampened prospects of global economic growth and oil demand. Read more https://www.foxbusiness.com/energy …
US energy independence race producing tons of oil, not so much profits Fox BusinessOh sure, U.S. shale producers have been prolific with oil production, but not so much with actually making profits. Read more https://www.foxbusiness.com/energy/q …
'Don't get used to it': OPEC's free pass for US shale will be short-lived, JP Morgan says CNBCThe U.S. shale industry has expanded at such a rapid rate that it threatens to overwhelm OPEC-led efforts to mitigate demand concerns. Read more https: …
Saudi Arabia, Kuwait Make Breakthrough in Neutral Zone Talks BloombergSaudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough in ... Read more h …