Browsing Tag

U.S. shale oil

U.S. shale oil’s message for OPEC: above $40, we are coming back

Yomna Yasser Feb 29, 2016 0

For leading U.S. shale oil producers, $40 is now the new $70. Less than a year ago major shale firms were saying…

Oil Prices rise on Expected Dip in U.S. Shale Output

Noha Gad Apr 14, 2015 0

Crude prices rose on Tuesday on expectations U.S. shale oil output will record its first monthly decline in over…

Oil prices down again as UAE defends production hold

Noha Gad Jan 13, 2015 0

Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big…