U.S. Shale Shakes Off Slowdown Predictions ...Middle East

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U.S. Shale Shakes Off Slowdown Predictions
source : OILPRICE ( Middle East ) () 38
The U.S. shale patch, which accounts for most of the non-OPEC+ oil supply growth, is set to deliver stronger-than-anticipated production gains this year.  Several significant producers raised their production guidance after announcing strong or record output in the second quarter, while the U.S. Energy Information Administration (EIA) raised its 2023 production forecast in its latest monthly report. The International Energy Agency (IEA) also expects strong output gains from the United States to lead a record global supply this year.  …

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