Daily Energy Standup Episode #43 OPEC Expands Control as U.S. Growth Stalls, and Fed is nervous on the markets. Amazon and Microsoft announce layoffs.

 

US shale is slowing down because of rising drilling costs and political and regulatory attacks on the industry, and the U.S. has lost the global market influence to OPEC. That means uncertainty in the market.

Wall Street investment banks slammed, execs hope for better days

OPEC Expands Control Of Oil Markets As Shale Growth Stalls

Will Oil Continue To See Extreme Volatility?

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