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Shale Oil: The market’s reaction to a price recovery

Christof Rühl, Head of Global Research, Abu Dhabi Investment Authority, comments on shale oil’s reaction to a potential increase in prices at the Offshore Support Journal Middle East Conference 2016. Christof adds that shale producers have built up a backlog – otherwise where to buy accutane online known as a ‘Fracklog’ of some 400,000 barrels, waiting to be released onto the market should oil prices spike.

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Fracking drilling in Colorado
Fracking drilling in Colorado

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