U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts

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U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts

OPEC, and especially OPEC+, has always seemed to be at odds with the U.S. shale industry. From the drastic oil embargos of the ‘70s to the all-out oil price war of 2020, OPEC policies have threatened to upend the United States’ use and production of crude. But the group’s latest policies may be a lifeline for U.S. shale, which is struggling under the weight of the new pandemic world order.Read full article here

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