Price War

U.S. Shale Industry ‘No. 1 Target in Russia’s Crosshairs,’ Says Yergin

U.S. Shale Industry ‘No. 1 Target in Russia’s Crosshairs,’ Says Yergin

Energy industry guru Daniel Yergin, the vice chairman of IHS Markit who annually leads CERAWeek in Houston, said Wednesday the world oil market has become a “free-for-all” after an oil production alliance between the Saudi-led cartel and Russia collapsed last week.

March 11, 2020