World’s Oil-Growth Engine Is About to Slow Despite $100 Crude

  • Date: 25-May-2022
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

World’s Oil-Growth Engine Is About to Slow Despite $100 Crude

(Bloomberg) -- In a world crying out for more oil, a dusty stretch of West Texas and southeastern New Mexico is one of the only places that can deliver. But even with crude above $100 a barrel, producers in the Permian and other US shale basins are riding the brakes.

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