Rising Rig Count Leads US Shale To Kill Off The OPEC-Driven Oil Price Rally — peoples trust toronto

With US crude inventories at record highs and production surging higher, the ongoing oil rig count rise in America (up 8 to 617 – 8th week in a row and highest since Sept 2015) signals more ‘problems’ ahead for a record level of speculative long positioning in black gold. *U.S. OIL RIG COUNT UP 8 […]

via Rising Rig Count Leads US Shale To Kill Off The OPEC-Driven Oil Price Rally — peoples trust toronto

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