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Betreff des ThemasShale Drillers Are Staring Down the Barrel of Worst Oil Bust Yet
URL des Themashttps://aktien-portal.at/forum/../forum/boerse-aktien.php?az=show_topic&forum=124&topic_id=205343&mesg_id=213975
213975, Shale Drillers Are Staring Down the Barrel of Worst Oil Bust Yet
Eingetragen von Warren Buffett, 09.3.20 12:16
Shale Drillers Are Staring Down the Barrel of 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, leaving oil markets defenseless against the unprecedented demand shock brought on by the coronavirus. Crude plunged by the most since the 1990s on Monday, with West Texas Intermediate touching $30 a barrel, a level at which vast swathes of the U.S. shale patch become unprofitable.

https://www.bloomberg.com/news/articles/2020-03-09/shale-drillers-are-staring-down-the-barrel-of-worst-oil-bust-yet
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