US Shale Production Could Fall by 400,000 Barrels Per Day if Prices Dip to $40 a Barrel, Analyst Says

(Reuters) – U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase market share and oil prices fall to as low as $40 a barrel, according to Rystad Energy CEO Jarand Rystad. U.S. shale production could remain flat if prices stay close … Read more