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The Oil And Gas Situation: International Tensions Rise As U.S. Shale Costs Fall

From forbes.com

Now that the battle to acquire Anadarko Petroleum APC +0% has ended, a host of other key industry news items are percolating up to the top of the page. Let's review the always-fluid Oil And Gas Situation for mid-May, 2019. Middle East tensions make a comeback. - Well, actually, these tensions never go away, but this week they are spilling over into headline-making conflicts. Monday morning brought news that two Saudi tankers ships had allegedly been attacked as they traveled near the crucial Strait of Hormuz choke-point in the Persian Gulf. The attack reportedly took place near the Port of Fujairah, and also involved ... (full story)

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  • Category: Fundamental Analysis