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    • OPEC’s Trillion-Dollar Bet Against U.S. Shale

      Oilprice.com via Yahoo Finance· 1 day ago

      OPEC's strategy to defend market share against US shale oil production has cost them trillions in lost revenue, but they may finally be seeing a light at the end of the tunnel as US production flattens.

    • IEA Sees Major Oil Surplus This Decade

      Rigzone· 3 days ago

      The International Energy Agency (IEA) has forecast a surplus petroleum production of up to eight million barrels per day (MMbpd) by 2030 as cleaner transport and electricity generation drive ...