This year's CERAWeek confab in Houston marked the latest round in the running Opec vs shale battle. This time around could hardly be more different from two years ago, when Opec was putting the squeeze on the shale industry by flooding the market and sending prices into freefall. Last year, the Saudi oil minister warned his shale counterparts against "irrational exuberance" saying Opec's cuts wouldn't underwrite tight oil growth indefinitely.
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机译:今年的Ceraweek Combab在休斯顿标志着正在运行的OPEC VS Shale Battle的最新一轮。 当欧佩克通过洪水淹没市场并将价格归因于自由落体,欧佩克在苏格兰人挤在页岩行业中,这一时期几乎不会更加不同。 去年,沙特石油部长警告他的Shale同行,反对“非理性繁荣”,说欧佩克的削减不会无限期地承保油脂增长。
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