Thursday, January 9, 2025

U.S. Shale Oil Industry to See Wave of Investment: Total CEO

From Reuters LONDON — The U.S. shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers said in London on Wednesday. Activity amongst small- and mid-sized producers is ahead of last year’s pace, analysts said, and a sharp increase in output could undermine