Oil supply is looking tighter and prices could climb as US production outlook gets cut in half this year, RBC commodities chief says

US oil production growth could be slashed in half this year, down from a million barrels to just 500,000 barrels a day.

https://markets.businessinsider.com/news/commodities/oil-supply-us-production-outlook-slashed-half-prices-could-climb-2024-3