Rising Oil Prices Encourage Shale Producers, Dissuade Investors
- Shale pioneer Hamm says Continental fracking unfinished wells
- WTI crude touched 10-month high of $51.67 a barrel on June 9
Oil Market Sees Rising Prices, Production, Demand
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The oil market just hit a yellow light.
Crude’s advance of more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling rigs, threatening to slow further gains.