Are crude production models ignoring rig count and oil price realities?

6/28/2020

World Oil Editor-in-Chief Kurt Abraham and Digital Editor Cameron Wallace review the Dallas Fed's recent oil production survey, and discover a "split personality" between production estimate and pricing models that could lead to an oil supply shock in 2021. Service companies' role in record-breaking U.S. oil production rates, as well as Russia's motivations for actually complying with the OPEC+ agreement, are also covered.

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