Thursday 24 September 2015

This Is What Needs To Happen For Oil Prices To Stabilize

OIL AND GAS
This Is What Needs To Happen For Oil Prices To Stabilize
London, UK (SPX) Sep 22, 2015 - On September 10th the EIA reported a production decline in the Lower 48-essentially shale production-of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Additionally, it was a week-over-week number which makes it all the more impressive. Yet it received little attention through the week. Rather, Goldman Sachs was grabbing all the ... more


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