US shale

petroleo permian

US Shale Gas Should Resume Growth In 12 Months

BoAmL | After an astonishing 90% increase in spot WTI prices since mid-February, oil market participants are now starting to focus on the timeframe and magnitude of a potential recovery in US shale output. But US producers have yet to bring some rigs back, and oil drilling across in Canada and the US has continued to retrench in recent months.