26 July 2017

Weekly Insights From The FNArena News Desk 24/07/17

It is not unthinkable for the global oil market to go through the same scenario over and again: oil price rises, US frackers add more supply; oil price weakens, the highest cost and most price sensitive producers retreat; oil price rises, those swing producers join in again. As long as these dynamics remain in place, and demand stays within reach of supply with and without US marginal producers, it seems but likely the current range can remain in place for a long time.

Click to read the Full Report

< Back to Blog