← Go back to All Blogs
  • entries
    1,172
  • comments
    14
  • views
    50,019

OPEC’s plan will reduce global crude stocks and revive U.S. shale drilling, says EIA

The sustained OPEC+ production curtailment through April suggests that supply will remain constrained in the near term, even as demand continues to increase. As a result, the U.S. Energy Information Administration expects that further inventory withdrawals to meet rising crude oil demand will support crude oil prices through at least the end of April.

View the full article

Sign in to follow this  
Followers 0


0 Comments


Recommended Comments

There are no comments to display.

Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.