Dallas Fed: Average breakeven price falls to $50

US onshore shale production helped uncover oil reserves now considered economical

Permian breakeven prices: individual operator responses showed that prices ranged from $23 to $70 throughout the basin — Permian breakeven prices: individual operator responses showed that prices ranged from $23 to $70 throughout the basinPhoto: REUTERS/SCANPIX

Julia Martinez

Published 21 May 2019, 17:20Updated 21 May 2019, 17:20

Shale Federal Reserve Bank Permian