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U.S. Shale Giants Hold Back on Drilling Despite Higher Oil Prices

The biggest U.S. shale producers have remained conservative in spending on drilling this year despite the spike in the average WTI crude price by $20 per barrel compared to last year.

  • U.S. shale giants limit drilling despite $20/barrel oil price increase
  • Diamondback Energy postpones significant drilling expansion in 2025
  • Caution due to global market uncertainty and potential downside risk

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