The U.S. shale industry’s sizzling growth rate likely peaked last year, according to a survey of major forecasters, cooled by investors demanding financial returns over increased oil output. Photo Around 1.3 million barrels per day (bpd) of new U.S. shale oil production should hit the market this year, down from around 1.5 million new bpd that arrived in 2018, according to the average of recent forecasts from four energy research firms and the U.S. government. U.S. producers hit a monthly record of 12.16 million bpd in April, the latest available data, continuing a string of record levels driven by advances in oil-well design and drilling. Slower shale growth could allow the Organization of the Petroleum Exporting Countries and allies, which have […]