Right to the point
It can be seen that in 2016 the figure was around $ 60 billion and now fallen to around $ 20 billion. US oil and gas production had been the biggest and fastest but a distorted market followed. The glut led to higher inventories and prices began their slide downwards. Gauging through capital markets is […]
Right to the point.
The graph shows that investment has fallen sharply as uncertainty reached record levels … This is true in the case of Shale oil which had been considered as unconventional. By definition, it became conventional when prices surged to the $100/b level and remained there for enough time to make bankers confident in order to lend […]