With WTI Over $50, Will Shale Producers Bite?

Ashley Fisher
Daily Market News & InsightsDaily Market News & Insights

Oil prices are retreating after Friday’s lofty gains propelled the product above $52/bbl. WTI’s rally will be an interesting test for US shale producers, who made steep cuts in 2020 to stay in business. Normally, $50/bbl would be a tantalizing opportunity to layer in additional profitable production for the next year, spurring shale companies to […]

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