Oil Prices Resume Volatility as Shale Boom Winds Down
The Wall Street Journal reported that as the shale boom plateaus and demand for crude oil increases, supply worries are increasing.
October 26, 2018
oil prices | Shale
ABF Journal
The Wall Street Journal reported that as the shale boom plateaus and demand for crude oil increases, supply worries are increasing.
According to the Energy Information Administration, companies operating in U. S. shale formations will cut back production by 570,000 barrels a day in 2016, Bloomberg reported.