MarketPulse

shale production

3 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Shell to Acquire ARC Resources for $13.6B, Boosting Canadian Oil Output

Shell agreed to acquire ARC Resources for $13.6 billion, adding 370,000 barrels daily and targeting 4% production growth through 2030.
SHELARXCYacquisitionnatural gas
BenzingaBenzinga··Stjepan Kalinic

Oil's $140 Spike Masks Structural Supply Crisis as Capital Flees Long-Term Projects

Brent crude briefly hit $141 on Hormuz disruption fears, but geopolitical price spikes fail to incentivize the $8 trillion upstream investment needed through 2040.
XOMCVXOXYOXY.WSgeopolitical riskStrait of Hormuz
The Motley FoolThe Motley Fool··Matt Dilallo

Iran Conflict Could Push Oil to $100, But Spike May Be Fleeting

Analysts predict U.S.-Israeli strikes on Iran could drive oil to $100/barrel, but offsetting factors like OPEC supply increases and U.S. shale production may limit duration.
OXYOXY.WSoil pricesStrait of Hormuz