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MercoPress, en Español

Montevideo, April 26th 2024 - 14:55 UTC

Tag: American Eagle Energy

  • Thursday, May 14th 2015 - 08:17 UTC

    Saudi Arabia continues to turn screws on U.S. Shale

    Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share

    Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC's latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a slight increase over the previous month's total of 10.29 million barrels.