U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
- Posted on May 6, 2025
- By CNBC
- 1 Views
U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
