One effect the American shale boom had in triggering the oil price collapse of 2014 – it drove discipline and technology into the offshore oil domains where breakeven costs now match or are lower than shale. With oil prices and profits rising, the race begins again to over-supply the world.om Mark P. Mills
Derek Scissors | American Enterprise Institute
Several large transactions have driven China’s 2018 outbound investment, featuring a $9 billion transport play in Germany. The top five investment targets in 2018 sit on five different continents. China’s overseas spending habits are more diverse than many believe.