As always highlighted the US oil markets are now starting to collapse due to huge debt in this nowhere price range of $50 USD. So many US companies tried to jump on the shale boom taking on enormous amounts of unrealistic debt and are now finding out that they’ll never be profitable. Crude prices will rise as more producers start to fail.
Oil and gas bankruptcies are on the rise, here's what it means for different parts of the US
https://www.cnbc.com/video/2019/09/...are|com.apple.UIKit.activity.CopyToPasteboard
As always highlighted the US oil markets are now starting to...
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