US oil production growth has slowed significantly due to falling prices, with no net growth since November 2023.
US gas production has also been impacted by low prices, leading to record low output and a surplus of inventories.
The decline in US production is influencing the global energy market, forcing OPEC+ to adjust its output plans and potentially leading to higher prices in the future.
US oil production growth has slowed significantly due to falling prices, with no net growth since November 2023.
US gas production has also been impacted by low prices, leading to record low output and a surplus of inventories.
The decline in US production is influencing the global energy market, forcing OPEC+ to adjust its output plans and potentially leading to higher prices in the future.
