US oil producers say Opec ‘price war’ will halt shale boom
Energy Information Administration predicts drop in American output next year as cartel’s supplies soar
Related reading
US shale bosses warn they cannot replace war-hit Middle East oil
New production from Texas will take months as drillers use windfall from price rise to pay investors
Opec+ raises oil production quotas to two-year high
Analysts predict a glut of crude by the end of the year after cartel reverses output cuts
US shale bosses temper output expectations with ‘chaos’ of Iran war
Dallas Fed survey finds that energy executives are not confident high prices will hold
Even with low oil prices, Opec could come out on top
With rivals running out of juice, the cartel can afford to play the long game
Opec+ to pause oil output rises next year after warnings of glut
Eight countries agree to lift production slightly in December but pause further increases at start of 2026
Global oil supplies forecast to outstrip demand this year despite Middle East…
International Energy Agency expects production to rise by 1.8mn barrels a day in 2025