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Showing posts with label shale oil. Show all posts
Showing posts with label shale oil. Show all posts

Wednesday, April 12, 2017

OPEC oil production drops in March, but U.S. shale output surges

http://www.marketwatch.com/story/opec-oil-production-drops-in-march-but-us-shale-output-surges-2017-04-12 Some OPEC officials have also expressed concerns over the commitment of Russia—the biggest non-OPEC participant in the production cuts—to pursue the effort. . . But the OPEC report said Russia only carried cuts of 130,000 barrels a day in March—compared with a pledged 300,000 barrels a day