US oil trapped in a financial straitjacket

Capt. John

Brent crude seems to have set at least a new floor above $70, and even West Texas Intermediate — the biggest victim of the price collapse of just over a year ago — is also reaching multi-year highs. Yet US shale appears to be stuck in a rut. Figures from the John Kemp energy consultancy …

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https://www.hellenicshippingnews.com/us-oil-trapped-in-a-financial-straitjacket/

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