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What $55 oil looks like to a U.S. producer
Manage episode 58279330 series 29075
Content provided by MarketWatch.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MarketWatch.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Breitling Energy CEO Chris Faulkner says only half of the U.S. oil fields are profitable for producers once oil reaches $50 per barrel. And at $40, only a few are. Faulkner also sees oil prices rebounding next year, but not enough to make it worth the pain OPEC has inflicted on itself.
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Manage episode 58279330 series 29075
Content provided by MarketWatch.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MarketWatch.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Breitling Energy CEO Chris Faulkner says only half of the U.S. oil fields are profitable for producers once oil reaches $50 per barrel. And at $40, only a few are. Faulkner also sees oil prices rebounding next year, but not enough to make it worth the pain OPEC has inflicted on itself.
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Similar to MarketWatch News Break
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Bloomberg Radio host Barry Ritholtz has in-depth discussions with the people and ideas that shape markets, investing and business.
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…
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…
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In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
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