Daily Energy Report
US shale recovery, OPEC+ V8 meeting on Sat, Oil anxiety, India coal/LNG, Panama Canal, Ukraine minerals, More US LNG, German delusions, Battery recycling, US lease sale, Trump vs reality, and more
May 2, 2025
ExxonMobil Announces First-Quarter 2025 Results
Chevron reports first quarter 2025 results
Shell plc released its first quarter results
Chart of the Day
EOA: US Shale Production Recovered in February
Summary
US oil production recovered in February from January's freeze. EIA reports crude production rose 29 kb/d MoM to 13.159 mb/d. Despite the increase, it was below December's peak of 13.438 mb/d. Data showed strong recovery in the Permian.