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OP: Will US shale trigger another oil price crash?

OP: Will US shale trigger another oil price crash?

Oilprice.com reports:
A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an all-too-familiar crossroads: Will OPEC’s bet that U.S. shale’s “drill, baby, drill” is gone forever be right this time?  Analysts seem to concur that this is a safe bet, at least for this year, as U.S. shale overall will keep the promised spending discipline. In a sign that spending …

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13 April 2021, 08:52