Shale oil production in the United States will decline in the long-term and reach its peak by 2020, the head of Russian state-run oil company Rosneft said on Wednesday.
“Shale oil production has its limitations in scope and time,” Igor Sechin said at the IP Week conference.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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