Big Oil's Production Keeps Soaring Despite Deep Spending Cuts - Crude Oil Prices Today | OilPrice.com
Why now
Thesis: Rising output with falling capex suggests efficiency sustaining supply overhang.
Catalyst to watch: Producer capex guidance and output reports.
Main risk: Persistent overhang caps crude price upside.
Why it matters
Rising output with falling capex suggests efficiency gains sustaining supply overhang.
Sources
- googlenews · news.google.com · 2026-09-20 23:00 UTC
- googlenews · news.google.com · 2026-09-20 23:00 UTC