"Record US Oil Production Surges, OPEC Drowning"
TL;DR Summary
US oil production has surged to record highs, with industry participants now making profits, despite previous concerns about profitability. Bloomberg Opinion columnist Javier Blas discusses the state of US supply, its impact on OPEC, rising tension in the Red Sea, and the rise of electronic electricity trading in the European market.
Topics:business#electronic-electricity-trading#energy#opec#profitability#shale-industry#us-oil-production
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