....worth focusing on this section of the smh article..."While WTI is down 10 per cent for the week, Goldman Sachs Group says crude will turn into a new bull market before the year is out as the price rout shuts down production, putting the US shale-oil boom into reverse in the second half of the year. As US production slumps by 575,000 barrels a day, global oil markets will tip from surplus to deficit, the bank said in a report"......
