Renewed slide in oil price will test U.S. shale profits

Renewed slide in oil price will test U.S. shale profits
08 July 2017, London — U.S. independent oil and gas producers came close to breaking even during the first quarter of 2017 thanks to aggressive cost cutting and improvements in well productivity. Some shale producers claim they can drill wells profitably at prices well below $50 per barrel and in some cases below $40. But […] More »
Renewed slide in oil price will test U.S. shale profits Renewed slide in oil price will test U.S. shale profits Reviewed by Crude Oil Facilitators on 14:20 Rating: 5

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