Home » Record oil and OPEC stalled: this is why shale oil has not awakened

Record oil and OPEC stalled: this is why shale oil has not awakened

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Oil above $ 75 a barrel and the stalemate that paralyzes Opec Plus in theory represent a golden opportunity for American shale oil. But this is not necessarily enough to awaken the sleeping giant, which so far has barely reacted to the rally which only increased the price of a barrel by 50% this year, pushing it to record levels.

The apathy of the sector is an element of strong discontinuity with respect to the recent past, when every jolt to the rise of …

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