Wall Street will stymie Donald Trump’s US oil surge plan, say shale bosses
President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling binge, shale bosses have warned. Total US oil output in…
World faces ‘staggering’ oil glut by end of decade, energy watchdog warns
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world faces a “staggering” surplus of oil equating to…
