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Posts Tagged ‘oil inventories’

2 Feb 18 2015 @ 12:59pm by Matt Smith in Crude Oil, Global Energy

The US Crude Conundrum

The current US oil market is in the midst of a slugfest reminiscent of a Rocky fight,¬†as competing influences face off against one another. In one corner we have rising US shale oil production, while in the opposing corner we have a precipitously falling rig count. Out of this duking duo, one is going to provide a sucker punch to prices. The question is….which? » read more