OPEC focuses on rival mega projects, lives with shale swing output

By hellenicshippingnews After almost a year of painfully low oil prices, OPEC members are beginning to believe they are winning against upstart U.S. shale producers in a short-term market share contest. Yet insiders and experts say OPEC is looking for a longer-lasting impact on other high-cost production oil field plans, many in deep oceans, with […]

Published September 24, 2015

By LizOutLoud

By hellenicshippingnews After almost a year of painfully low oil prices, OPEC members are beginning to believe they are winning against upstart U.S. shale producers in a short-term market share contest. Yet insiders and experts say OPEC is looking for a longer-lasting impact on other high-cost production oil field plans, many in deep oceans, with bigger time ... Read full story ›

Source:: Hellenic shipping news Oil

      

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