07/07/17 -"The reason why we are confident shale can prosper with oil prices at $45/bbl in the next 12 months. "
Alphavalue’s leading oil analyst, Alex Andlauer, has just returned from the Permian Basin in Texas where he met with 30 companies including banks, oil services, producers, workers and HR.
We have published a note to share his key findings, which address the following:
- Shale able to growth at $45/bbl in the next 12 months
- Opec to capitulate slowly but surely
- Big Oil dividend again at risk
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