Oil Tumbles As Price War Erupts (Bloomberg)
Dan Pickering joins Vonnie Quinn on Bloomberg on March 9, 2020 to share how critical it is that the US energy market embrace a Value Over Volume approach following the failed OPEC-Russia deal and sudden drop in oil prices.
Bloodbath For America’s Oil Frackers As Saudis Declare Price War On Russia (Forbes)
In a day of historic economic carnage, oil prices have collapsed 30% to less than $30 per barrel, after Saudi Arabia pledged to flood the oil market in a battle for market share with Russia. […]READ MORE
Shale Drillers Are Staring Down Barrel at Worst Oil Bust Yet (Bloomberg)
America’s shale drillers have never faced an oil bust quite like this.
The split between Russia and its one-time OPEC allies last week has ignited an all-out price war. […]