U.S. Shale's Blows Leave Middle East Oil Producers Staggering
Machinery used to fracture shale formations (Photographer: Matthew Busch/Bloomberg)

U.S. Shale's Blows Leave Middle East Oil Producers Staggering

(Bloomberg) -- The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.