The Beginning Of The End Of The US Oil Boom
Big Take
00:00
The Collapse in Oil Prices Has Ripple Effects Across Global Markets
OPEC refused to yield its production to shale rivals, and the collapse in oil prices is having a ripple effect across global markets. The decision sent crude futures to four-year lows and shaved 10% off the price of oil this week. At these levels, some shale producers could lose money.
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Transcript
