The U.S. shale industry is struggling as the crash in oil prices, triggered by President Trump's tariffs and exacerbated by ...

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 ...

Analysis-US Refiners Unlikely to Spend Big to Process More Domestic Oil By ... "Our view is light shale oil production in the U.S. will peak sometime in the first half of the 2030s," said John ...

US shale oil production will peak at 10 million bpd in 2027, up from about 9.69 million bpd this year, the EIA said. It will then decline to about 9.33 million bpd by 2050, the agency said. The ...

Shale oil extraction involves hydraulic fracturing, a method that releases trapped hydrocarbons from rock formations. While ...