shale oil

Latest news and articles about shale oil from NEX English

Rising Oil Prices Prompt US Shale Companies to Resume Drilling in 2026

US shale oil companies are set to resume drilling operations as oil prices rise due to ongoing conflicts in the Middle East. Reports from Citigroup indicate that major companies may add new drilling rigs in the second half of this year, potentially boosting production by over <strong>100,000 barrels per day</strong> by 2027.