OPEC+ is turning up the heat on U.S. shale producers in a renewed bid to reclaim market share, but early signs of slowdown suggest it will take more sustained pressure to truly shift the global oil balance.
U.S. shale producers are beginning to scale back operations, signaling early effects of OPEC+'s intensified oil price strategy. While production remains high, key indicators like rig counts and frac spread activity are declining. This marks a potential turning point in the long-standing tug-of-war between OPEC and American frackers. However, industry consolidation, capital discipline, and improved efficiency mean U.S. shale is better positioned to endure market volatility than in 2014. OPEC+ may need to extend its pricing campaign significantly to make a lasting dent in U.S. output.
President Donald Trump on Friday blamed Democrats for his decision to dismiss thousands of employees across the U.S. government, as he carried out his...
Ukrainian President Volodymyr Zelenskyy has said on Saturday that he had a call with U.S. President Donald Trump where he congratulated him on the Gaz...
The U.S. Embassy Ouagadougou has temporarily paused all routine visa services effective October 10, 2025 according to an announcement on its website....
Uzbekistan and Russia are preparing to sign a contract for the construction of Uzbekistan’s first large-scale nuclear power plant by March 2026....
Heavy rainfall in Mexico has left at least 27 people dead and more missing, authorities said on Friday, as downpours triggered several landslides, cut...
President Donald Trump on Friday blamed Democrats for his decision to dismiss thousands of employees across the U.S. government, as he carried out his threat to reduce the federal workforce during the ongoing government shutdown.
Ukrainian President Volodymyr Zelenskyy has said on Saturday that he had a call with U.S. President Donald Trump where he congratulated him on the Gaza ceasefire deal calling it an "outstanding achievement".
The U.S. Embassy Ouagadougou has temporarily paused all routine visa services effective October 10, 2025 according to an announcement on its website.
Uzbekistan and Russia are preparing to sign a contract for the construction of Uzbekistan’s first large-scale nuclear power plant by March 2026.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
A federal jury in Marshall, Texas, ruled on Friday that Samsung Electronics must pay nearly $445.5 million in damages to patent holder Collision Communications for infringing patents linked to 4G, 5G, and Wi-Fi communication standards.
Gold prices rose above $4,000 an ounce for the first time on Wednesday, fuelled by investor demand for safe-haven assets amid rising geopolitical tensions and expectations of U.S. interest rate cuts.
U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported.
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment