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US, Diamondback Energy and oil

NBC News on MSN · 1h

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its energy security,

The Financial Times · 20h

US oil output has peaked amid price fall, top shale producer warns

Two big American shale producers said they would cut capital expenditure on Monday in response to sliding oil prices, prompting industry warnings that US production had peaked and could begin falling.

'This oil price doesn't work': Diamondback CEO says US shale production has peaked

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows. “We have a very good view of what the US looks like.

Oil Prices Fall

Why are oil prices falling? And what does it mean for Long Islanders?

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.

The New York Times · 21h

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The Dallas Morning News on MSN · 21h

OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to existing concerns about how tariffs may impact worldwide demand. Brent fell to $60 per barrel, while U.S. crude ( West Texas Intermediate) slid by 2% to settle around $57 per barrel.

1hon MSN

A top CEO declared the U.S. oil industry has ‘peaked’

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

6hon MSN

Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

4hon MSN

The drop in oil prices will only provide a ‘minimal’ boost to the economy – Pantheon

Lower WTI crude prices below $60 bring mixed impacts: consumer savings vs. energy sector losses. Explore how this shift ...

3h

US Cut Forecast for Oil Output Even Before Crude’s Latest Plunge

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

19hon MSN

Home heating oil and fuel prices drop to 2021 levels

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...

1don MSN

Oil leak off Louisiana coast contained but clean up continues, Coast Guard says

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...

6h

Nigeria's Renaissance halts oil output via pipeline after spill

Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers ...

14hon MSN

Oil Tumbles After OPEC+ Agrees on Another Large Supply Hike

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

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