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U.S. Trade Representative Greer said Canada seeks a more conciliatory approach.
2026-08-14
U.S. Trade Representative Greer said Canada seeks a more conciliatory approach.
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2026-08-14
According to Interfax news agency, Russian Foreign Minister Sergey Lavrov stated that Russia has requested the U.S. State Department to comment on U.S. alleged involvement in attacks by Ukraine on Russian territory.
According to Interfax news agency, Russian Foreign Minister Sergey Lavrov stated that Russia has requested the U.S. State Department to comment on U.S. alleged involvement in attacks by Ukraine on Russian territory.
2026-08-14
U.S. oil companies are trimming domestic shale capital spending and redirecting windfall from high oil prices into shareholder returns and debt repayment rather than accelerating production. Company filings show Chevron and ConocoPhillips cut U.S. 48
U.S. oil companies are trimming domestic shale capital spending and redirecting windfall from high oil prices into shareholder returns and debt repayment rather than accelerating production. Company filings show Chevron and ConocoPhillips cut U.S. 48-state capex by about 10% in H1, while Occidental cut Permian spending roughly 20% over the same period; APA, Matador Resources and HighPeak Energy expect drilling and fracking spend materially below year-ago levels. Firms say gains in drilling and completion productivity mean more oil per dollar, so lower capex does not automatically translate into lower volumes as operators sustain or grow output via efficiency. The shift is weighing on U.S. crude supply growth and is drawing political pressure as Trump critics refiners and producers for not cutting retail gasoline prices faster.
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