Rystad Energy: Oil at $100 Could Trigger an Additional 2.2 Million bpd of US Tight Oil Output by 2023
Up to 2.2 million barrels per day (bpd) of US tight oil could be unleashed in the event of a supercycle – with oil prices remaining around or above $100 per barrel – driven by growing demand and continued supply tightness, Rystad Energy predicts. Tight oil output in the core …