The Edge

The Edge: How the US sets global oil and gas prices

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Report summary

The US is increasingly influential in price formation for crude and global gas markets. But tight oil and shale gas, the latter through LNG exports to Europe, are likely to be the cap and collar in their respective markets for the next few years – tight oil setting the ceiling price, US gas the floor.

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  • Oil supply gap in 2025: volumes and break-even prices

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