Goldman Sachs: Cooling of US shale oil drilling may become an invisible support for oil prices

According to the financial app "Zhitong Finance", the latest energy report from Goldman Sachs pointed out that drilling activity in the core production area of Permian Basin, the shale oil region in the United States, continues to shrink, which could potentially provide support for international oil prices. Data shows that the total number of drilling in the United States, including Permian Basin, decreased by 14% compared to the previous year, and hydraulic fracturing operations decreased by as much as 22%, indicating a trend of declining tight oil production.