Pioneer Sees $70-$100 Oil As Supply Growth Remains Constrained ...Middle East

Oil prices are set to rise later this year and trade in the $70-$100 range over the next three to five years as supply growth remains limited and OPEC+ continues to restrict output, according to a top executive at the largest pure-play U.S. shale producer, Pioneer Natural Resources.  Higher labor and material costs are slowing U.S. shale production growth, Pioneers's Executive Vice President Beth McDonald told Reuters at RBN Energy's crude export conference in Houston this week. In addition, shale investors want more returns and…

Hence then, the article about pioneer sees 70 100 oil as supply growth remains constrained was published today ( Monday 12/06/2023 - 02:08 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pioneer Sees $70-$100 Oil As Supply Growth Remains Constrained )

Also on site :

• Emergency Safety Solutions and PursuitAlert Partner to Extend Comprehensive Advance Warning to High-Speed Police Pursuits and Emergency Response
• El informe sobre Barbados de Afreximbank destaca la resiliencia económica del mercado y su trayectoria de crecimiento impulsada por las reformas
• Six Flags shuts roller coasters at six parks after death in Georgia