shale oil

Oil rally fizzles on OPEC doubts

Crude oil prices come under pressure from doubts over whether or not there's an enduring appetite to voluntarily keep production levels lower

US plans shale production growth despite OPEC's warning

US shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgence that could confound OPEC's strategy to tighten global supplies. As shale firms rebound from a two-year …