EOG Resources Bucks The Trend, Says It’s Ready To Boost Oil Production

EOG Resources, one of the largest operators in the U.S. shale patch, has signaled it would be willing to boost oil production if there is demand for it. In a video conference hosted by Goldman Sachs, chief executive Ezra Yacob said EOG could return to pre-pandemic production levels this year as long as it makes economic sense. “EOG would be in a position to return to pre-Covid levels of production,” Yacob said, as quoted by Bloomberg. “If the world has a call on oil and there’s room to grow our low-cost, lower- emissions…