Saudi Arabia’s energy minister Khalid Al-Falih said Friday that US oil and natural gas producers were “breathing a sigh of relief” over the planned production cut announced Friday, but analysts expect that the agreement will have little impact on US shale output. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “I just think there’s a lot of uncertainty and this is a pretty small cut,” Amy Myers Jaffe, director of the Council on Foreign Relations’ energy security and climate program, told S&P Global Platts Friday. “I believe there will be little change in US production as a result of the announced cuts,” said Rene Santos, an analyst with Platts Analytics. Growth of US shale production, the only domestic output which can react relatively fast to price changes, may be capped because of takeaway constraints in the Permian unlikely to be relieved until late […]