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Oil price optimism wears off as Texas Wildcatters drill on

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Oil price optimism wears off as Texas Wildcatters drill on
*Money managers slash WTI net-long position by most in 6 weeks *U.S. benchmark slips below key $50 level during report period 01 May 2017, Houston — The relentless drilling ramp-up in America’s top shale plays is making investors more skeptical that an oil price rebound is on the horizon. After increasing their bets on rising […] More »
Oil price optimism wears off as Texas Wildcatters drill on Oil price optimism wears off as Texas Wildcatters drill on Reviewed by Crude Oil Facilitators on 13:27 Rating: 5

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