Oil Price War May Benefit Both US Shale And Saudi Arabia

Oil Price War May Benefit Both US Shale And Saudi Arabia
Washington DC (SPX) May 05, 2015 - Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980's? After the oil price crash in 1985, it took almost twenty years for prices to revert to ... morehttp://www.oilgasdaily.com/reports/Oil_Price_War_May_Benefit_Both_US_Shale_And_Saudi_Arabia_999.html