U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

The U.S. Energy Information Administration (EIA) projects U.S. crude oil production will peak around 14 million bpd in 2027.

Despite doubling per?well output since 2019, the Permian’s rig?rate gains are slowing and decline curves are steepening, ...

U.S. shale producers likely will further slow their activity as oil prices seem set to remain below $65/bbl, UBS says, noting ...

The turmoil has also sparked a sell-off in the shares of shale producers, which face higher costs of production than conventional oil drilling. Occidental Petroleum and Devon Energy lost more than ...

U.S. shale oil producers are facing their gravest threat after a sudden crude price sell-off triggered by President Trump’s trade war pushed ...

By 2050, output from the world’s largest oil producer will fall to about 11.3 MBOPD. Shale oil production will peak at 10 MBOPD in 2027, up from about 9.69 MBOPD this year, the EIA said in its ...