OPEC x Shale: a war is far from over

No longer is nothing new for lovers of the oil and gas market since last November, members of Opec and producing countries are focused on rebalancing the world oil supply and demand. However, producers of oil shale in the United States, a country that does not participate of the global pact to reduce oil, don't seem very interested in action, since the oil exploration activity has increased in the North American lands and reservations are not decreasing.

All this uncertainty regarding the production of shale and elevation in stock has left the oil market. If on the one hand the growing expectation that the surplus may be controlled by OPEC on the other are entrepreneurs eager for American oil profits. The solution is to extend the period of cuts for another six months, however, no action ensures that it will be able to curb the reserves and raise the price of "black gold".

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