Why U.S. shale oil producers are at the heart of the Saudi-Russia price war
March 09, 2020 at 16:50 PM EDT
Russia and Saudi Arabia’s failure to see eye-to-eye on the need for additional production cuts in response to the coronavirus outbreak spelled the end of the OPEC+ alliance and triggered a punishing price war. But the real thorn in Moscow’s side is the U.S. shale industry, analysts say.