World’s Top Oil Traders Bet American Shale Is Here to Stay

World’s Top Oil Traders Bet American Shale Is Here to Stay

July 10, 2017
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By hellenicshippingnews. The world’s biggest energy traders are betting shale oil production is here to stay. European trading houses from Trafigura Group Pte. to Mercuria Energy Group Ltd. and Vitol Group have invested in U.S. infrastructure and struck supply deals to secure flows of shale oil and gas. The agreements show the traders see long-term opportunities in … Read full story ›

Source:: Hellenic shipping news Oil