You are here

Investors pour cash into US shale despite questions on returns

US is on track to deliver up to 80% of the world's oil-production gains through 2025, IEA estimates

BT_20171215_PQSHALE15KPI2_3222783.jpg
The IEA predicts US shale oil output, now about 6.17 million barrels per day (bpd), will rise another eight million bpd by 2025.

Houston

FINANCIERS keep pouring cash into the shale oil sector, providing producers with a path to keep US output rising through the middle of the next decade.

The United States is on track to deliver up to 80 per cent of the world's oil-production gains through 2025, the...

sentifi.com

Market voices on: