Commodity Trade Mantra

Posts Tagged ‘Oil Price War’

The US Shale Industry Is Painfully Adapting to Low Oil Prices

The rise in oil prices over the past six months has come as a blessing for the battered US shale producers. Oil prices have risen more than 50% since January, giving a glimmer of hope to the US oil industry that the worst of the oil crisis might finally be behind them. Moreover, it forced the shale producers to adapt by reducing production costs and increasing efficiency.

Are Central Banks Running the Crude Oil Market or Just the World?

The price of oil has been rising, no matter how bad the oversupply news gets. How today’s oil prices are really determined is done by a process so opaque only a handful of major oil trading banks have any idea who is buying or selling oil futures or derivative contracts that set physical oil prices in this strange new world of “paper oil”.

The Oil Price Ceiling Has Been Set: "Above $40 And We Start Pumping Again"

The cure for low oil prices is low oil prices & as more shale companies halt production, the 3 mmb/d oversupplied oil market will slowly return to equilibrium. The oil price war is about to enter its far more vicious, and far more lethal phase, and while it is unclear who ultimately wins, whether it is Shale or the Saudis, the loser is clear: anyone who bought into bets of an imminent oil bounce.

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