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Why US shale companies are losing in the price war over oil

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Trump’s tariff wars have caused havoc with oil prices with the current oil price below $70 per barrel and this has caused US shale companies to start shutting down drilling rigs and cutting back on production. Rhod Mackenzie looks at the decline in oil prices and the effect on the US oil companies. Please click on the box watch on youtube to help my channele grow.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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