Oil continues to rise on slowing shale boom

Oil continues to rise on slowing shale boom

oil continues to go up after
the emergence of signs of weakening production
in USA. At the time of 9.19 MSK Brent
with supply costs $ 60.30 in May
per barrel for WTI May futures
worth 53.65 dollars. True,
limited growth slowdown
China’s quarterly GDP growth to
six-year low.

US Energy Information Administration released
forecast report, which predicted
decline in oil shale energy production
in May – this will be the first decline in the past
four years. Analysts suggest
that this event for the second day
It has a positive impact on oil

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