23 min listen
How Saudi Arabia Delivered A Blow To U.S. Shale Companies At The Worst Possible Moment
FromOdd Lots
ratings:
Length:
39 minutes
Released:
Mar 16, 2020
Format:
Podcast episode
Description
Saudi Arabia recently announced that it was engaging in a full-on price war by pumping oil like crazy. At one point, after the move, the price of Brent Crude plunged 31%. This was a body blow to U.S. shale companies, who are already reeling from falling prices and tightening credit markets. On this week's episode of Odd Lots, we speak with Buddy Clark, a Houston lawyer at the offices of Haynes and Boone about why this came at the worst possible time for the industry, and what could happen next.
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Released:
Mar 16, 2020
Format:
Podcast episode
Titles in the series (100)
Episode 5: 6,000 Years of Interest Rates: Episode 5: 6,000 Years of Interest Rates by Odd Lots