While the Trump Administration claims U.S. shale can thrive at $60/barrel or lower, executives warn that sustained prices below $65–70 will force production cuts and derail “energy dominance.” ...

This is not ‘energy dominance.’ The U.S. oil cost curve is in a different place than it was five years ago; $70 per barrel is the new $50 per barrel.” ...

With crude prices plunging below $60 a barrel, consumers who count fuel as their single biggest expense are rushing to lock ...

Amidst an ongoing price war between players in the nation’s downstream oil sector, fresh investigations have revealed that ...

Analysts from consultancy Rystad said in a note that if WTI prices remain below $62/bbl for a prolonged period of time, this would lower US crude production growth, which is mostly concentrated in the ...

It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US. Other shale plays, deep-water projects, and all other unconventional sources are higher on the global ...