Are Oil Markets Immune To U.S. Shale?

Oil prices pulled back slightly following the release of the
Baker Hughes rig count report, but geopolitical risk still remains,
and with the assumption that OPEC will extend its production cut
deal, oil bulls are very much alive and well. (Click to enlarge)
(Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to
enlarge) (Click to enlarge) (Click to enlarge)Friday, November 10,
2017 Oil prices showed some weakness mid-week on news that U.S. oil
production jumped, but benchmark prices firmed up on Thursday,
putting WTI and Brent on track…

Oil prices pulled back slightly following the release of the
Baker Hughes rig count report, but geopolitical risk still remains,
and with the assumption that OPEC will extend its production cut
deal, oil bulls are very much alive and well. (Click to enlarge)
(Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to
enlarge) (Click to enlarge) (Click to enlarge)Friday, November 10,
2017 Oil prices showed some weakness mid-week on news that U.S. oil
production jumped, but benchmark prices firmed up on Thursday,
putting WTI and Brent on track…