OPEC oil ministers will likely decide to prolong production cuts in an effort to support prices, when they meet Thursday. But even a slight rise in value per barrel will fuel further U.S. shale production, meaning more and cheaper oil down the road.
ABC News: International, ABC News: World
Wed, 05/24/2017 - 1:15am
OPEC oil ministers will likely decide to prolong production cuts in an effort to support prices, when they meet Thursday. But even a slight rise in value per barrel will fuel further U.S. shale production, meaning more and cheaper oil down the road.