Home › US oil production on brink
 

Keywords :   


US oil production on brink

2015-10-06 19:35:00| Oil & Gas - Topix.net

LONDON: U.S. oil production will start to decline soon unless oil prices rise substantially, oil executives said on Tuesday, saying lower production could pave the way for a spike in the market in future if fuel demand increased. Delegates at the Oil and Money conference in London, an annual gathering of senior industry officials, said world oil prices were now too low to support U.S. shale oil output, the biggest addition to world production over the last decade.

Tags: production oil brink oil production

Category:Energy and Environment

Latest from this category

All news
03.05This Week in Waste: Top Stories April 29 May 2, 2024
03.05FCC Environmental Services Expands Midwest Presence, Compressed Natural Gas Operations
03.05Walmart to use Generative AI to Help Reduce Food Waste in Stores
03.05Klamath Falls, OR. Receives Funds to Improve Water Recycling Quality, Supply
03.05FENC Uncaps Major Success with Global Sustainable Expansion in Recycled Polyester
03.05Ecogensus Develops Plastic Substitutes Derived from Mixed Household Wastes
02.05GFL Exceeds Revenue Expectations in Q1 2024
02.05Talon Metals Partners on New Process to Use Mining Waste in Battery Production
Energy and Environment »
06.05Qantas agrees payouts over 'ghost flights'
06.05The rise of Sweden's super rich
06.05Eurotunnel says no queues with new travel system
05.05ELF Beauty Teams with Billie Jean King to Change the Board Game to Support Inclusivity
05.05Target Faces Lawsuit Over Sunscreen Coral Bleaching Claims
05.05Goops Latest Launch & Hain Celestial Streamlines Portfolio
05.05The Summer of Sister Golden Hair
05.05Persil Laundry Detergent Rebrands
More »