Energy

OPEC Decides to Raise Output: How Will U.S. Shale React?

Posted 06/27/2018 1:18PM CTCME Group

By Blu Putnam, Chief Economist, CME Group

Video Highlights

  • Post-OPEC price gains to encourage increased shale production
  • Production constraints could delay arrival of much of the shale oil until 2019
  • Fledgling trade war could put U.S. oil exports to China at risk
  • Expect more oil volatility post-OPEC, emerging trade wars

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