An Important Message For Oilprice Members
← Go back to All Blogs
  • entries
    2,314
  • comments
    122
  • views
    315,161

Higher U.S. shale output could spark an OPEC price war, warns Pioneer CEO

Shale, and not the pandemic, was responsible for the initial oil-market crash of 2020, Pioneer Natural Resources CEO Scott Sheffield said at an industry summit. He added that the cartel, frustrated at U.S. producers’ success in taking market share from OPEC, allowed prices to tumble.

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.

×