By Irina Slav – Aug 17, 2026, 6:00 PM CDT U.S. shale producers are cutting spending, prioritizing debt reduction and shareholder returns despite higher oil prices. Production growth is slowing, with the EIA expecting output to rise just 200,000 bpd in 2026. With spending plans what they are, the rig addition rate may change. U.S. […]
U.S. Shale Majors Cut Spending Despite Higher Oil Prices Read More »
Wall Street indexes slip as oil prices rise, retail results awaited https://www.investing.com/news/economy-news/nasdaq-futures-gain-as-tech-stocks-climb-4862660
Wall Street indexes slip as oil prices rise, retail results awaited Read More »
Crude oil prices rose Monday as Iran ruled out talks to extend the memorandum of understanding with the U.S. A senior Iranian official told Reuters, meawhile, that Tehran would shift to offense rather than relying on defense if diplomacy with the U.S. fails. U.S. crude oil futures rose 2.8% to $84.70 per barrel. Brent crude,
Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict Read More »
