Tuesday, December 9, 2014

Oil producers and stemming efforts...

Oil corporations reportedly are planning to slow down on shale investments as they become unprofitable in a falling market scenario. Matt Egan writes so, http://money.cnn.com/2014/12/08/investing/shale-oil-spending-america-opec/


2. The chart below is quite a telling depiction of  the slide in prices; rises are followed deeper falls.

http://www.infomine.com/investment/metal-prices/crude-oil/all/




1 Year Crude Oil Prices - Crude Oil Price Chart

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