US Crude Oil Output to Peak Sooner Than Expected ...Middle East

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US Crude Oil Output to Peak Sooner Than Expected
source : OILPRICE ( Middle East ) () 25
U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday. Oil prices have slipped by more than 15% since the beginning of April as the market fears recessions from the U.S. tariffs and oversupply from the aggressive production hikes from OPEC+. Prices dipped early on Monday after the OPEC+ group decided on Saturday to raise collective…

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