FT Podcast FT News BriefingAdd to myFTGet instant alerts for this topicManage your dery channels hereRemove from myFTOpec pops US shale’s balloon American output expected to drop next year as Opec’s supplies soar Opec pops US shale’s balloon on x (opens in a new window)Opec pops US shale’s balloon on facebook (opens in a new window)Opec pops US shale’s balloon on linkedin (opens in a new window)Opec pops US shale’s balloon on whatsapp (opens in a new window) Opec pops US shale’s balloon on x (opens in a new window)Opec pops US shale’s balloon on facebook (opens in a new window)Opec pops US shale’s balloon on linkedin (opens in a new window)Opec pops US shale’s balloon on whatsapp (opens in a new window) PublishedAugust 14 2025Jump to s section this pageUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly .Your browser does not support playing this file but you can still download the MP3 file to play locally.Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being buoyed by diplomatic law.
Plus, the FT’s Jamie Smyth explains why the US shale boom may be over after a decade-long run.
Mentioned in this podcast:UK companies in China buoyed by diplomatic thawUS oil ducers say Opec ‘price war’ will halt shale boom Initial tax data allays fears of non-dom exodus from UK for the FT Weekend Festival at ft.com/festival and use the mo code “FT” for 10 per cent off.Today’s FT News Briefing was duced by Fiona Symon, Katya Kumkova, and Marc Filippino.
Additional help from Sam Giovinco, Michael Lello, and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.comView our accessibility guide.Reuse this content (opens in new window) sJump to s sectionmoted Content the topics in this audio Oil Add to myFT Chinese & finance Add to myFT FT News Briefing Add to myFT ss have not been enabled for this article.