Oil prices could be in for second crash
US storage fears may be overblown but shale drillers continue to churn more oil than the market demands.
Hot Topic
Hawke’s Bay
Crude oil prices may be set for a second crash as US shale drillers continue churning out more oil as US storage tanks begin to fill up.
Although a double dip in global crude oil prices might help consumers, it will frustrate oil producers as some, like Italy’s ENI, are already slashing
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Nathan Smith
Fri, 20 Mar 2015
Fri, 20 Mar 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Oil prices could be in for second crash
46219