RE: RE: Saudi Arabia denies trying to kill US shale, shifts blame for oil supply glut on Russia
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RE: Saudi Arabia denies trying to kill US shale, shifts blame for oil supply glut on Russia

RE: Saudi Arabia denies trying to kill US shale, shifts blame for oil supply glut on Russia

I am really looking forward to see how this "conflict" ends.

On the one hand low prices would not be so convenient for shale oil producers, on the other hand cheap oil could indeed help boosting the recovery of the economy after the pandemic.

As for me, I was long on oil when it was at 30$. Still keeping my position.

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