Tuesday, July 7, 2015

Looks Like $55 Is The New Level For Shale Oil

Interesting research from Global Hunter Securities suggesting that a lot of shale producers are willing to increase capital spending when oil sits around the current WTI prices of $55. If so, this is bullish for airlines, consumer stocks, and even oil services firms. The move is bearish for E&P firms needing oil prices above $55.






Disclosure: Long airlines and oil services firms. Please review the disclaimer page for more details.



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