The Saudis Vs Shale

The Saudis Vs Shale
WSJ
The Saudis Vs Shale
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This is epic. Almost as good as Game of Thrones: "A two-year battle for global oil supremacy that pit Saudi Arabia, head of the powerful oil cartel, against upstart U.S. shale producers left them both badly wounded but with each side claiming victory," as the Wall Street Journal thrillingly puts it.

The war has left both sides leaner and more efficient and both sides have cards yet to play.

Stay tuned.

http://www.wsj.com/articles/in-oil-face-off-saudis-shale-both-claim-victory-1481803202

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