David Wethe and Allison Mccartney

Government, Business, Fuel

Offshore Oil to Peak in 2020, Then Join Shale in Market Drop, Analysts Say

An oil platform in the Gulf of Mexico An offshore oil platform in the Gulf of Mexico. (Getty Images)

Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.

November 12, 2019