RT Boom Bust July 13, 2024
To pipeline to germany by flooding the market and sinking prices russia sees an opportunity to crush the us shale industry which is dangerously levered to the hilt russia is also fed up with cutting production outputs time after time while us shell producers each time up production to fill in the market as a result saudi arabia cut its crude price as much as 6. 00 to 7. 00 per barrel and is looking to raise its daily alpo by as many as 2000000. 00 Barrels Per Day as it too is ready to fight for market share in the u. S. Oil and gas industry is facing attack from 3 sides falling prices from red...