U.S. Shale Production, Its Impact on Oil Prices

U.S. oil production may never return to the weekly peaks of 13 million barrels per day (bpd) just before last year’s market crash.
Drilling activity has been on the rise since the fall of 2020, and considering the lag between rising oil prices.
Large listed producers promise restraint, and the market, and even OPEC+, believe restraint will indeed be the case for the U.S. oil industry this year.

A recent news article published in the Yahoo Finance reveals that U.S. Shale may trigger another oil...