The U.S. shale oil industry may collapse, new report says, after Goldman warns crude is set for a fall

The U.S. shale oil industry may collapse due to the sharp fall in oil prices because of coronavirus, a new influential report predicts. The demand and price of oil tumbled due to the economic slowdown and has since begun to recover, but Australian think tank the Institute for Economics and Peace...

https://www.hellenicshippingnews.com/the-u-s-shale-oil-industry-may-collapse-new-report-says-after-goldman-warns-crude-is-set-for-a-fall/