RE:IEA-IEF-OPEC Symposium 17 FebI again suggest to all of you to watch this.
The CEO of Occidental who is speaking now and one of the shale leader in the Permian more or less said that shale growth is dead and will have difficulties maintaining the current levels of production. Those who finance those companies want profits not growth. This is now an industry wide mantra that will lead to higher prices.