Mixed signals: Weighing the fate of US shale oil supply

Mixed signals: Weighing the fate of US shale oil supply

November 2, 2015
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By hellenicshippingnews Aside from a brief blip, oil prices have remained stubbornly below $50/b in recent weeks despite fresh concern over global demand and rising geopolitical tensions. On the supply side, the market’s gaze has gravitated to that most closely watched of oil market variables — the response of US shale output to weaker oil prices. Optimism … Read full story ›

Source:: Hellenic shipping news Oil