U.S. Shale Set To Kill Oil Price Rally

The resurgence of U.S. shale will undermine the OPEC-fueled price rally, capping oil prices at roughly $50 per barrel through 2017. That is the conclusion from the EIA’s latestShort-Term Energy Outlook , which forecasts WTI to average $50.66 per barrel and Brent to average just $51.66 per barrel next year.The