Shale Oil
latest news & developments
US oil production beats drill chill
The number of active oil rigs in the US, although down from 1 609 in October, rose by six to 670 last week, the third straight weekly gain.
Mid-East oil urge surges as US shale pales
Opec crude oil output has risen to its highest level in almost four years but the US shale boom is showing signs of slowing.