capital_efficiency

US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

Houston – September 13, 2026 -- US oil production hit a study-period high in 2025, but reserve replacement fell below 100% for the first time since 2021, according to an annual benchmarking study released by Ernst & Young LLP (EY US).

Oil reserve additions declined 11% while production climbed to a record

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of data from the 30 largest publicly traded US exploration and production companies, representing about 43% of combined US oil and gas production. Oil reserve additions from extensions and discoveries fell 11% year over year and failed to fully replace production volumes, while combined oil reserves declined by less than 1%.

KuCoin Debuts KCUSD Stablecoin Yield Product With Up to 6% APR

Providenciales, Turks and Caicos Islands – – September 09, 2026 -- KuCoin has launched KCUSD, a new Earn product offering daily yields backed by real-world assets, aiming to convert idle stablecoin balances into productive capital for retail, high-net-worth and institutional users.

KCUSD offers a dynamic base APR of up to 4%, with promotional rates reaching 6%

Users can subscribe with as little as 1 USDT, USDC or USDG, with no subscription fee and same-asset redemption options. Returns are credited daily and automatically compound into users' KCUSD balances without manual reinvestment. Eligible users depositing qualifying new funds during the initial launch period can access a promotional APR of up to 6%.