The Traderszone Network

Published in TZ Latest News 13 July, 2017 by The TZ Newswire Staff

Is Wall Street Funding A Shale Failure?

Authored by Nick Cunningham via OilPrice.com,

The latest figures from the EIA show that despite some hiccups, the shale rebound is still on track. Last week, the sharp drawdown in inventories made headlines, but buried within the weekly figures was a bounce back in oil production, reigniting fears that the market will take much longer to balance.

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