Business & Finance
US Shale Stays in the Money Despite Oil Price Drop
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NewsletterEnergy DailyUS Shale Stays in the Money Despite Oil Price DropLong-dated prices still support drilling as buyers seek alternatives to Middle East barrels. FacebookXLinkedInEmailLinkGiftExpandAn Exxon Mobil Corp. oil drilling rig near Stanton, Texas. Photographer: Justin Hamel/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send
NewsletterEnergy DailyUS Shale Stays in the Money Despite Oil Price DropLong-dated prices still support drilling as buyers seek alternatives to Middle East barrels.FacebookXLinkedInEmailLinkGiftExpandAn Exxon Mobil Corp. oil drilling rig near Stanton, Texas.Photographer: Justin Hamel/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Kevin CrowleyJune 17, 2026 at 2:30 PM UTCBookmarkSaveLock This article is for subscribers only.Welcome to our guide to the commodities driving the global economy. Today, reporter Kevin Crowley discusses the outlook for US shale production.Just over a month ago, shale heavyweight Diamondback Energy Inc. announced the “light has turned green” for US production growth.
US (LOCATION)
the Money Despite Oil Price (ORG)
Shale Stays (PERSON)
the Money Despite Oil Price DropLong (ORG)
Middle East (LOCATION)
FacebookXLinkedInEmailLinkGiftExpandAn Exxon Mobil Corp. (ORG)
Stanton (LOCATION)
Texas (LOCATION)
Justin Hamel (PERSON)
Kevin Crowley (PERSON)
Diamondback Energy Inc. (ORG)