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US shale starts to return, but how sustainable is it?

Commodities | Energy | Natural Gas | Oil | Refined Products | Gasoline | Metals | Steel | Shipping | Tankers

Market Movers Americas, Dec 6-10: White House eyes fuel prices, Brazil steelmakers seek US quota increase

Energy | Oil | Crude Oil

Platts Crude Oil Marketwire

Energy | Energy Transition | Emissions | Natural Gas | Oil

Supreme Court could complicate US EPA effort to crackdown on methane emissions

Agriculture | Grains

CASDE sees record China soybean imports in 2021-22, cut in domestic output

Energy | Oil

Fuel for Thought: OPEC+ to set tone for 2022 with response to US oil release, COVID-19 variant

Listen: US shale starts to return, but how sustainable is it?

US oil producers have started announcing plans for putting shut wells back online. But just how sustainable are these plans at current prices and with the uncertain global demand outlook?

And how are OPEC and its allies going to view this returning US shale production as they're deciding how long to keep their massive oil supply cuts in place?

Shin Kim, head of oil supply and production analytics for S&P Global Platts, predicts how high oil prices can go before OPEC starts to worry about stimulating US shale.

Jason Modglin, the new president of the Texas Alliance of Energy Producers, tells us how drillers in the top US oil-producing state are weighing the market uncertainties as they start to put wells back into service.

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