U.S. shale producers see OPEC pullback helping 2019 profits

09 December 2018, Houston — U.S. shale producers cheered OPEC’s decision to trim output, a move that sent crude prices higher on Friday, closing at levels that oil executives said would keep their profits flowing. The Organization of the Petroleum Exporting Countries and Russia-led allies agreed to trim output by 1.2 million barrels per day … More »