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10 months ago

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US shale's muted reply to OPEC oil cuts to limit supply, executive says

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US shale's muted reply to OPEC oil cuts to limit supply, executive says

Muted increases in U.S. oil production and cuts by the OPEC+ producing-nations group will limit crude supply in the months ahead, pushing up prices, an executive at U.S. shale producer EOG Resources said on Wednesday.

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US shale's muted reply to OPEC oil cuts to limit supply, executive says

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US shale's muted reply to OPEC oil cuts to limit supply, executive says

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