Last quote by Badr Jafar
It remains to be seen if drilling can continue at the same pace in a sub-$50 environment once price hedges expire. But if it does, I believe OPEC producers will have no choice but to revert to preservation of market share once again, which could see prices nose-dive. And the cycle will continue.feedback
This page is completely dedicated to what Badr Jafar has to say. All of Badr Jafar’s quotes are organized here by date and topic. The most recent quote attributed to Badr Jafar came from an article called OPEC took aim at US oil producers, but hurt itself, too: “The unexpected resilience and revival of U.S. shale production is already frustrating OPEC's efforts to draw down global stocks.”.
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Quotes by Badr Jafar
Jun 16 2017
The unexpected resilience and revival of U.S. shale production is already frustrating OPEC's efforts to draw down global stocks.feedback
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