INDICES
shale oil
-
Oil's Bounce From Worst Week in Two Years Capped by Shale Fears
EghtesadOnline: While oil is rebounding from its biggest weekly decline in two years, gains are still being limited by concern over a resurgence in U.S. shale output.
-
Oil prices firm on optimism over declining stocks
EghtesadOnline: Oil prices firmed on Wednesday to hold near eight-week highs hit in the previous session, on expectations of a drawdown in U.S. stocks and as a rise in shale oil production shows signs of slowing.
-
Goldman Says Saudis Wrong to Rule Out U.S. Shale Oil Rebound
EghtesadOnline: Saudi Arabia is wrong to think that U.S. shale production won’t respond to higher oil prices in 2017, according to Goldman Sachs Group Inc.
-
American Shale Companies' Rush to Hedge Is Turning the Oil Market Upside Down
EghtesadOnline: U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 above $50 a barrel, bankers, merchants and brokers said, pushing the forward oil curve upside down.
-
Oil Market Turns Upside Down as Shale Rushes to Hedge Post-OPEC
EghtesadOnline: U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 above $50 a barrel, bankers, merchants and brokers said, pushing the forward oil curve upside down.
-
Leaner and meaner: U.S. shale greater threat to OPEC after oil price war
EghtesadOnline: In a corner of the prolific Bakken shale play in North Dakota, oil companies can now pump crude at a price almost as low as that enjoyed by OPEC giants Iran and Iraq.
-
A $900 Billion Oil Treasure Lies Beneath West Texas Desert
EghtesadOnline: In a troubled oil world, the Permian Basin is the gift that keeps on giving. One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath the desert in West Texas, the U.S. Geological Survey said in a report on Tuesday.