Asian markets are OPEC+ and U.S. shale’s latest battleground for market control

Market control? Who the hell is dreaming here? The oil market is beyond control. OPEC can influence it a bit, but if it tries too hard, you can watch them driving into a wall of low prices, which hurts them more than the shale folks. And what’s shale anyhow? There is no single shale thing. It’s a bunch of producers and a lot of mon and pop style businesses. It’s like herding cats. Why wasting time and money on something thats out of anyone’s reach? Work the market and forget the sandbox games. Oil has enough challenges to grapple with.

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