@ChathamHouse why would there be a rise when the market is about to be flooded with cheap Iran crude?
An oil price rise would not necessarily help #SaudiArabia - unfinished US shale wells could come on the market v.quickly - Paul Stevens
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@kiddoe_ It is not about to be flooded. It will take some time for sanctions to be lifted & even longer for production to rise - P.Stevens
End of conversation
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@ChathamHouse @CH_EERDept Plus shale is a technology.It will only get cheaper&more efficient in time, lowering breakeven for US producersThanks. Twitter will use this to make your timeline better. UndoUndo
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