U.S. Shale’s “Long Sideways” Movement Suggests Room to Run
theenergynewsbeat.substack.com
U.S. oil drilling activity hit a 29-month low last week. In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production. Investors are still hovering around in uncertainty over whether or not the Federal Reserve will cut rates still this year.
U.S. Shale’s “Long Sideways” Movement Suggests Room to Run
U.S. Shale’s “Long Sideways” Movement…
U.S. Shale’s “Long Sideways” Movement Suggests Room to Run
U.S. oil drilling activity hit a 29-month low last week. In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production. Investors are still hovering around in uncertainty over whether or not the Federal Reserve will cut rates still this year.