OPEC, and especially OPEC+, has always seemed to be at odds with the U.S. shale industry. From the drastic oil embargos of the ‘70s to the all-out oil price war of 2020, OPEC policies have threatened to upend the United States’ use and production of crude. But the group’s latest policies may be a lifeline for U.
S. shale, which is struggling under the weight of the new pandemic world order. Frenemies at Last OPEC and the United States were once at bitter odds. In the days of the oil embargo, the situation was sticky and heated.…U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts
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