Comment on History could be repeating itself in the oil market

History could be repeating itself in the oil market

Thomson Reuters The total global oil supply is expected to spike soon. U.S. shale production is a huge driver behind that supply potential. Ultimately, if demand is strong, oil prices won't falter. If demand weakens, watch out. Back in 2014, U.S. shale production was growing so fast that it ended up crashing the market.

 

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