The decision by OPEC+ to continue shielding the global oil market by curtailing its output, even with generous self-imposed cuts like Saudi Arabia’s 1 million barrels per day “gift”, has helped WTI crude prices exceed the $50 mark. The positive effect on oil prices is set to create a chain reaction in the US, where …
The post OPEC+ protectionism is helping the US shale industry find 32% more CFO to boost spending in 2021 first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John