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Crude-oil bulls threatened as shale patch revives drilling plans - THE BUSINESS TIMES
THE BUSINESS TIMES | Crude-oil bulls threatened as shale patch revives drilling plans THE BUSINESS TIMES [NEW YORK] The rally in crude oil is reviving the US shale boom, threatening speculators who are the most bullish on prices since July. Money managers increased their net-long position in West Texas Intermediate crude by 3.9 per cent in the seven days ... Oman's crude oil production falls 1.7 per cent to 29 million barrels Platts Survey: OPEC Pumps 30.93 Million Barrels of Crude Oil Per Day in April Oil market 'not out of the woods yet' |
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