Is U.S. Shale Responding to US$90 Crude Oil?

Written by Daniel Graeber for IIR News Intelligence (Sugar Land, Texas)SummaryU.S. crude oil priced at US$90 per barrel could support an industry working to recover from last year's lower-for-longer market outlook. But be mindful of irrational exuberance, officials say.Is War Good for the Oil Sector?U.S. crude oil prices near US$90 per barrel, supported largely by a geopolitical risk premium, may be incentivizing upstream activity, industry comments suggest.According to Industrial Info Resources