ICYMI on Oil – U.S. shale business and Saudi Arabia inform Trump they received't increase output

The Wall Avenue Journal is gated, however when you can entry it, the story is right here:

U.S. Frackers and Saudi Officials Tell Trump They Won’t Drill More

• President says decrease costs will resolve lots of the nation’s issues however finds early resistance within the oil market

In short:

• U.S. shale business is now targeted on conserving prices down and returning money to buyers, no more drilling
• Saudi Arabia says it’s unwilling to enhance international oil provides, say folks aware of the matter

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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