HSBC expects US shale oil production to grow by 400,000 bpd in 2025

HSBC expects US shale companies to continue increasing their production for years, before their production capabilities lose momentum by 2028.

The bank also expected that shale oil production in America would grow by about 400,000 barrels per day during the next year, and that it would begin to slow down after that.

The bank said that the development of drilling and crushing techniques in light of the wave of acquisitions between companies will lead to increased production and compensate for the recent decline in the establishment of drilling platforms, according to Al Arabiya.